US Seizes $1 Billion in Iranian Crypto Assets Amid Economic Pressure Campaign

The US government has made a major move in its ongoing economic pressure campaign against Iran, seizing roughly $1 billion in Iranian cryptocurrency assets.

According to Treasury Secretary Scott Bessent, this seizure is part of Operation Economic Fury, which aims to restrict Iran's financial capabilities. The operation was launched in March 2025 and has included measures such as freezing bank accounts and working with European allies to confiscate properties.

Bessent stated that some wallet owners may not yet be aware that their funds have been seized, emphasizing the swift nature of the action.