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The Economic Times

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US seized $1 billion in Iranian crypto, Scott Bessent says; claims Tehran facing financial crisis

Scott Bessent Iran Crypto United States Tehran Gulf Inflation

US Treasury Secretary Scott Bessent on Friday (local time) said that the United States has seized roughly USD 1 billion in Iranian cryptocurrency assets as part of Washington's economic pressure campaign against Tehran.

Speaking on Fox Business' "Kudlow" during the Reagan National Economic Forum, Bessent emphasised the administration's sanctions and asset seizure efforts under "Operation Economic Fury" as having pushed Iran into a severe financial crisis.

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One subscription that gives you access to news from hundreds of sites

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India expresses concern over alleged plot to attack Hindu temple in US, seeks action

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