US Freezes $344 Million in Tether's 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. The freeze is part of the US government's broader 'Economic Fury' initiative, aimed at strangling Iran's access to global finance. According to Secretary Bessent, the Treasury's Office of Foreign Assets Control (OFAC) …
April 24, 2026, 7:50 p.m.