US Freezes $344 Million in USDT, Citing Iran Sanctions and 'Economic Fury' Campaign
The US Treasury has announced a significant cryptocurrency freeze, valued at $344 million, as part of its efforts to disrupt financial networks linked to Iran. According to Treasury Secretary Scott Bessent, the Office of Foreign Assets Control (OFAC) has sanctioned multiple crypto wallets with ties to Iran, resulting in the freeze. Bessent stated that the US will pursue all financial channels use…
April 24, 2026, 7:50 p.m.