US Freezes $344 Million in USDT, Citing Iran Sanctions and 'Economic Fury' Campaign
In its latest move to disrupt Iranian financial networks, the US Treasury Department has frozen $344 million in cryptocurrency, as part of a broader initiative known as 'Economic Fury'. According to Treasury Secretary Scott Bessent, the Office of Foreign Assets Control (OFAC) has sanctioned several crypto wallets linked to Iran, resulting in the freeze of a substantial amount of cryptocurrency. B…
April 24, 2026, 7:50 p.m.