US Seizes Half Billion in Crypto Linked to Iran Amid Ongoing Economic Pressure

The United States has made a significant move in its ongoing economic pressure campaign against Iran, seizing nearly half a billion dollars in cryptocurrency assets linked to the country.

In an interview with Fox News, US Treasury Secretary Scott Bessent revealed that the total seizure amount has now reached approximately $500 million. This includes $350 million seized earlier and an additional $100 million recently frozen.

The US administration has been increasing pressure on other countries and companies to sever ties with Iran, warning of secondary sanctions for those purchasing Iranian oil. The economic campaign, dubbed 'Operation Economic Fury,' is aimed at crippling Tehran's economy.