The US Treasury Department has taken a significant step in its efforts to exert financial pressure on Iran by seizing nearly $1 billion in cryptocurrency assets. According to Treasury Secretary Scott Bessent, this seizure is part of a broader campaign aimed at limiting the country's access to global markets.
Speaking at the Reagan National Economic Forum, Bessent revealed that some of the wallet owners may not have been notified about the seizure, adding that they 'may be typing in right now and not have realized that their wallet had been grabbed.'