US Freezes $344 Million in Cryptocurrency Linked to Iran

The US Treasury has taken a significant step in its efforts to curb Iran's financial capabilities by freezing $344 million in cryptocurrency assets.

This move is part of the Economic Fury campaign, which aims to systematically degrade Tehran's ability to generate, move, and repatriate funds. According to US Treasury Secretary Scott Bessent, the action targets all financial lifelines tied to the regime.