US Freezes $344 Million in USDT, Citing Iran Sanctions and 'Economic Fury' Campaign
In its latest move to disrupt Iran's financial networks, the US Treasury Department has frozen $344 million in cryptocurrency, citing the regime's attempts to circumvent sanctions. According to Treasury Secretary Scott Bessent, the Office of Foreign Assets Control (OFAC) has sanctioned several crypto wallets tied to Iran, resulting in the freeze of a significant amount of cryptocurrency. The acti…
April 24, 2026, 7:50 p.m.