US Freezes $344 Million in USDT, Citing Ties to Iranian Regime
The US Treasury Department 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 tied to Iran, resulting in the freeze. Bessent stated that the US will target all financial channe…
April 24, 2026, 7:50 p.m.