US Freezes $344 Million in USDT, Citing Iran Sanctions and 'Economic Fury'
In its latest move to disrupt Iran's financial networks, the US Treasury Department has frozen $344 million in cryptocurrency, as part of a broader campaign to choke off the regime's access to funds. According to Treasury Secretary Scott Bessent, the department's Office of Foreign Assets Control (OFAC) has sanctioned several crypto wallets linked to Iran, resulting in the freeze of $344 million i…
April 24, 2026, 7:50 p.m.