US Seizes Nearly $1 Billion in Iranian Cryptocurrency Assets in Operation Economic Fury
US seized $1 billion in Iranian crypto assets under 'Operation Economic Fury', says Bessent

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The US Treasury has seized approximately $1 billion in Iranian cryptocurrency assets as part of 'Operation Economic Fury,' aimed at disrupting Iran's financial networks. This operation has significantly weakened Iran's financial position, according to Treasury Secretary Scott Bessent.
- 01The US has seized Iranian-linked cryptocurrency wallets worth around $1 billion.
- 02Operation Economic Fury, launched in March 2025, focuses on asset seizures and sanctions against Iran.
- 03A notable seizure included a $344 million freeze of Tether (USDT) on the Tron blockchain.
- 04The US collaborates with European allies to target Iranian properties and financial holdings abroad.
- 05Bessent claims that military and economic pressure has weakened Iran's leadership structure.
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US Treasury Secretary Scott Bessent announced that the United States has seized nearly $1 billion in Iranian cryptocurrency assets as part of its economic pressure campaign against Tehran, known as 'Operation Economic Fury.' This operation, which began in March 2025, aims to disrupt Iran's financial networks through sanctions and asset seizures. Bessent highlighted that the seized assets include a significant $344 million freeze of Tether (USDT) on the Tron blockchain. The cumulative seizures reportedly approached $500 million before reaching the current total. The US has collaborated with European partners to target Iranian-linked properties and financial holdings, claiming that these assets represent funds stolen from the Iranian people. Bessent stated that the pressure from military actions and economic sanctions has significantly weakened Iran's leadership, suggesting that while there has been no regime change, the existing leadership structure has been altered, leaving lower-ranking officials to manage the country.
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