BREAKING: U.S. Announces Seizure of $1 Billion in Cryptocurrency Belonging to Iran

US Treasury Secretary Scott Bessent announced that approximately $1 billion worth of Iranian crypto assets have been seized.

According to Bloomberg, Bessent stated that US authorities seized approximately $1 billion worth of digital assets as part of sanctions and inspection activities targeting Iranian-linked crypto assets.

Bessent did not provide details on which cryptocurrencies were involved in the seizure or when the confiscation took place.

More details coming soon…

*This is not investment advice.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
85
Add to Favorites
15
Comments