US Freezes $344 Million in USDT, Citing Ties to Iran's Financial Networks
In its latest move to disrupt Iran's financial networks, the US Treasury Department has frozen $344 million in cryptocurrency, citing links to the Iranian regime. According to Treasury Secretary Scott Bessent, the department's Office of Foreign Assets Control (OFAC) has sanctioned several crypto wallets with ties to Iran, resulting in the freeze. The action is part of a broader initiative known a…
April 24, 2026, 7:50 p.m.