US Freezes $344 Million in Tether's USDT, Citing Iran Sanctions
In its latest move to disrupt Iran's financial networks, the US Treasury Department has frozen $344 million in cryptocurrency, citing links to the Iranian regime. 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. The action is part of a broader campaign, dubbed 'Economic Fury', a…
April 24, 2026, 7:50 p.m.