Story · bluesky + hindustantimes + websearch · 19 events
US Seizes Nearly $1 Billion in Iranian Crypto Assets, Treasury ...
US Seizes Nearly $1 Billion in Iranian Crypto Assets, Treasury ...
US Treasury Secretary Scott Bessent said Washington has seized nearly $1 billion in Iranian cryptocurrency assets under Operation Economic Fury, a sanctions and enforcement campaign aimed at Tehran’s financial networks.
Speaking on Fox Business at the Reagan National Economic Forum, Bessent said US authorities had taken control of crypto wallets linked to Iran. He also said Washington is working with European and Gulf allies to freeze assets, identify overseas properties and disrupt funding channels tied to Iranian officials.
Bessent said the US had seized “about a billion dollars” in Iran-linked crypto assets. He described the action as a direct move against wallets tied to Tehran, though he did not publicly share wallet addresses, transaction details or a full asset breakdown.
“We have seized about a billion dollars of their crypto. Just outright grabbed the wallets,” Bessent said. This marks one of the public claims from the Treasury Secretary aboutcrypto assetseizures linked to Iran.
However, Bessent’s comments left some details unclear. He did not state which agencies carried out the seizure, which tokens …
Scott Bessent says US seized roughly $1 billion in Iranian crypto assets
Scott Bessent says US seized roughly $1 billion in Iranian crypto assets
close
video
Bessent announces the US seized $1B in Iranian crypto assets amid pressure campaign
U.S. Treasury Secretary Scott Bessent details the United States’ economic pressure campaign on Iran, known as Operation Economic Fury, on 'Kudlow.'
Treasury Secretary
Scott Bessent
said Friday that the Iranian economy was nearing a breaking point, while announcing that the U.S. had seized roughly $1 billion in Iranian cryptocurrency assets.
"We have seized about a billion dollars of their crypto," he told FOX Business. "Just outright grabbed the wallets."
Joining "Kudlow" at the Reagan National Economic Forum, Bessent detailed the United States’
economic pressure campaign on Iran
, known as Operation Economic Fury, which he said has sent the regime into "crisis."
"I think between five and a half-six weeks of an incredibly successful military campaign and then Operation Economic Fury, where we have really cut them off … they are at the end of their tether now financially," he said.
TRUMP’S IRAN CRACKDOWN ‘SUFFOCATING’ REGIME AS OIL WELLS COULD SHUT WITHIN DAYS, BESSENT SAYS
Bessent said roughly $1 billion in Iranian…
U.S. says it seized about $1 billion in Iranian crypto as ... - CoinDesk
U.S. says it seized about $1 billion in Iranian crypto as ... - CoinDesk
The United States has seized about $1 billion worth of cryptocurrency tied to Iran, Treasury Secretary Scott Bessent said, describing the action as part of a broader campaign to cut off funding channels used by Tehran.
Speaking in an interviewon Fox Business, Bessent said U.S. authorities had “grabbed the wallets” and seized cryptocurrency connected to Iran.
He said the effort falls under Operation Economic Fury, an administration initiative aimed at restricting Iran’s access to overseas revenue, banking networks and digital-asset infrastructure.
“In addition, Treasury has cracked down on Tehran’s global shadow banking networks; designated networks supplying weapons and other military components to Iran; sanctioned a corrupt Iraqi official who has facilitated the sale of oil along with Iran-backed militias operating in Iraq,” a press release from the Treasury reads.
Bessent said the pressure campaign had contributed to worsening economic conditions in Iran. He added that large numbers of military personnel were not being paid, police officers were failing to report for duty, and inflation had exceeded 200…
The U.S. Has Seized $1 Billion Of Iran's Crypto: Treasury
The U.S. Has Seized $1 Billion Of Iran's Crypto: Treasury
Home
NEWS
U.S. Treasury: The United States Has Seized Nearly $1 Billion of Iran's...
NEWS
U.S. Treasury: The United States Has Seized Nearly $1 Billion of Iran’s Crypto
Treasury Secretary Scott Bessent said the U.S. has seized up to $1 billion in Iran-linked crypto.
By
Micah Zimmerman
May 29, 2026
Share
Facebook
X
Linkedin
ReddIt
Email
Telegram
Copy URL
Prefer us on Google
Download App
Download App
Speaking at the Reagan National Economic Forum, Treasury Secretary Scott Bessent revealed that the U.S. has seized roughly $1 billion in Iran-linked cryptocurrency as part of a broader campaign to choke off Tehran’s financial networks.
The disclosures come amid one of the most intense military confrontations the Middle East has seen in decades.
On February 27, 2026, the U.S. and Israel
launched
Operation Epic Fury — a coordinated airstrike campaign targeting Iran’s nuclear facilities, military infrastructure, and Revolutionary Guard command centers.
Iran retaliated with ballistic missile strikes across the region, hitting Saudi Arabia, Bahrain, Qatar, the UAE, and Iraq. A fragile ceasefire was brokered in early April and is still…
US Treasury issues sanctions on Iran, targets 4 crypto exchanges
The sanctions come four days after Treasury Secretary Scott Bessent said the US had seized nearly $1 billion in crypto from Iranian cr...
US Treasury issues sanctions on Iran, targets 4 crypto exchanges
The sanctions come four days after Treasury Secretary Scott Bessent said the US had seized nearly $1 billion in crypto from Iranian crypto exchanges and wallets since late February.
#crypto #news
US seized $1 billion in Iranian crypto, Scott Bessent says; claims Tehran facing financial crisis - The Economic Times
US seized $1 billion in Iranian crypto, Scott Bessent says; claims Tehran facing financial crisis - The Economic Times
Listen to this article in summarized format
Listen
Loading...
×
×
Subscribe to
Unlock AI Briefing and Premium Content
New Year Offer 24 Hours Left
Subscribe Now
Already a member?
Sign In
What's Included
Exclusive Stories
Daily ePaper Access
Smart Market Tools
Curated Investment Ideas
Ad-lite Experience
Subscription
ANI
US Treasury Secy Scott Bessent
US Treasury
Secretary
Scott Bessent
on Friday (local time) said that the United States has seized roughly USD 1 billion in
Iranian cryptocurrency
assets as part of Washington's economic pressure campaign against Tehran.
Speaking on Fox Business' "Kudlow" during the Reagan National Economic Forum, Bessent emphasised the administration's sanctions and asset seizure efforts under "
Operation Economic Fury
" as having pushed Iran into a severe financial crisis.
Also read:
Strait of Hormuz ship transits are rising thanks to help from US
"We have seized about a billion dollars of their crypto. Just outright grabbed the wallets," Bessent said.
Bessent argued that the combination of recent military actions and economic measure…
US seizes ~$1B in Iranian crypto assets, nearly double previous estimates. Treasury Sec. Bentley says Iran illicitly acquires $400-500M/month, bypassing sanctions. "We directly confiscated their walle...
US seizes ~$1B in Iranian crypto assets, nearly double previous estimates. Treasury Sec. Bentley says Iran illicitly acquires $400-500M/month, bypassing sanctions. "We directly confiscated their wallets," he stated. This follows a previous seizure of "nearly $500 million."
Iran quotes Shakespeare to slam US seizing $1 billion of its crypto: ‘Dwarfish thief’
Iran quotes Shakespeare to slam US seizing $1 billion of its crypto: ‘Dwarfish thief’
US treasury secretary Scott Bessent told the Reagan National Economic Forum on May 29 that the US had seized about $1 billion in Iran's crypto holdings.
US seizes $1B in Iranian crypto assets, Treasury Sec. Bessent says. #Iran #Crypto #Sanctions
US Treasury seizes ~$1B in crypto linked to Iran, disrupting sanctioned networks. Secretary Bessent highlighted the move against Iran's use of digital assets (Bitcoin, Tether) to bypass sanctions. #cr...
US Treasury seizes ~$1B in crypto linked to Iran, disrupting sanctioned networks. Secretary Bessent highlighted the move against Iran's use of digital assets (Bitcoin, Tether) to bypass sanctions. #crypto #sanctions #nationalsecurity 🇺🇸
📉 #Bonds
"The sanctions come four days after Treasury Secretary Scott Bessent said the US had seized nearly $1 billion in crypto from Iranian crypto exchanges and wallets since late February."
US seizes ~$1B in Iranian crypto assets, up from ~$500M in April. US believes Iran makes $400-500M/month via sanctions evasion. Assets linked to crypto wallets. US strengthening sanctions. Reported by...
US seizes ~$1B in Iranian crypto assets, up from ~$500M in April. US believes Iran makes $400-500M/month via sanctions evasion. Assets linked to crypto wallets. US strengthening sanctions. Reported by The Block.
#crypto #blockchain #news
U.S. Treasury Secretary Scott Bessent announced today that America has now seized a cumulative total of approximately $1 billion in Iranian cryptocurrency assets under its escalating sanctions campaig...
U.S. Treasury Secretary Scott Bessent announced today that America has now seized a cumulative total of approximately $1 billion in Iranian cryptocurrency assets under its escalating sanctions campaign.
BREAKING: US Treasury Secretary says that $1 billion in crypto has been seized from Iran
Crypto Fan (https://ziply.pk/bp) 31/05. (https://blockonomi.com/u-s-confiscates-1-billion-in-crypto-assets-from-iran-in-expanding-sanctions-push/) - U.S. Confiscates $1 Billion in Crypto Assets From I...
Crypto Fan (https://ziply.pk/bp) 31/05. (https://blockonomi.com/u-s-confiscates-1-billion-in-crypto-assets-from-iran-in-expanding-sanctions-push/) - U.S. Confiscates $1 Billion in Crypto Assets From Iran in Expanding Sanctions Push
BREAKING: US Treasury Secretary says that $1 billion in crypto has been seized from IranLink
Nearly $1 Billion In #Iranian #Crypto Falls Into #US Hands
#cryptonews #digitalassets #sanctions
www.newsbtc.com/news/nearly-...
Fact Check: Did the US seize $1B in Iranian crypto assets as claimed by ...
Fact Check: Did the US seize $1B in Iranian crypto assets as claimed by ...
HOME
/
FACT CHECK
Fact Check: Did the US seize $1B in Iranian crypto assets as claimed by Scott Bessent?
Scott Bessent claimed the campaign has weakened Iran's stability, causing salary delays, inflation, and greater dependence on food vouchers
BY
SAURAV SURESH
PUBLISHED
MAY 31, 2026
Treasury Secretary Scott Bessent claimed the United States seized $1 billion in Iranian crypto assets amid renewed tensions with Iran (AP Photo/Jacquelyn Martin)
WASHINGTON, DC: Treasury Secretary
Scott Bessent
has claimed that the United States has seized $1 billion in Iranian crypto assets, escalating its financial pressure on Tehran.
The claim came amid renewed geopolitical tensions between the US and the Islamic Republic, sparking speculation. Let us analyse the claim and fact-check its authenticity.
Claim: United States seized $1 billion of Iranian crypto assets
Scott Bessent claimed that the campaign has severely weakened Iran’s internal stability (Getty Images)
Speaking on
Fox Business
, Bessent said that Washington seized nearly $1 billion in Iranian crypto assets under Operation Economic Fury, calling it an “outright…
US Seizes $1 Billion in Cryptocurrency Linked to Iran
https://www.byteseu.com/2065242/
US authorities seized $1 billion in crypto linked to Iran, intensifying sanctions. The US authorities announced...
US Seizes $1 Billion in Cryptocurrency Linked to Iran
https://www.byteseu.com/2065242/
US authorities seized $1 billion in crypto linked to Iran, intensifying sanctions. The US authorities announced the seizure of approximately $1 billion in crypto assets, allegedly connected to Iranian …
Corroboration
No verdict, no pronouncement. The model extracts atomic factual claims with verbatim quotes; every quote is validated against the source text and corroboration is computed by counting how many editorially-opposed blocs assert each fact.
The spine · 2 facts corroborated across ≥2 opposed blocs
2×cross-perspective · 2US authorities seized approximately $1 billion in cryptocurrency assets linked to Iran.
indiaother
bluesky“US authorities seized $1 billion in crypto linked to Iran”
hindustantimes“the US had seized about $1 billion in Iran's crypto holdings”
analyticsinsight.net“US Treasury Secretary Scott Bessent said Washington has seized nearly $1 billion in Iranian cryptocurrency assets”
2×cross-perspective · 2US Treasury Secretary Scott Bessent announced the seizure of Iranian cryptocurrency assets at the Reagan National Economic Forum.
indiaother
hindustantimes“US treasury secretary Scott Bessent told the Reagan National Economic Forum on May 29 that the US had seized about $1 billion in Iran's crypto holdings.”
analyticsinsight.net“Speaking on Fox Business at the Reagan National Economic Forum, Bessent said US authorities had taken control of crypto wallets linked to Iran.”
Single-source · 5 — reported by one bloc only (uncorroborated)
The US seizure of Iranian cryptocurrency assets is part of Operation Economic Fury.
analyticsinsight.net
US authorities took control of crypto wallets linked to Iran.
analyticsinsight.net
The US is working with European and Gulf allies to freeze assets, identify overseas properties, and disrupt funding channels tied to Iranian officials.
analyticsinsight.net
US Treasury Secretary Scott Bessent did not publicly share wallet addresses, transaction details, or a full asset breakdown.
analyticsinsight.net
Iran quoted Shakespeare to describe the US seizure of its cryptocurrency assets as 'Dwarfish thief'.
hindustantimes
Framing · 4 — loaded language surfaced (spin shown, not adopted)
bluesky
“intensifying sanctions”
→ The US seized cryptocurrency assets linked to Iran.
hindustantimes
“Iran quotes Shakespeare to slam US seizing $1 billion of its crypto: ‘Dwarfish thief’”
→ Iran described the US seizure of its cryptocurrency assets.
analyticsinsight.net
“a sanctions and enforcement campaign aimed at Tehran’s financial networks”
→ Operation Economic Fury is a US campaign targeting Iranian financial networks.
analyticsinsight.net
“Just outright grabbed the wallets”
→ US authorities took control of crypto wallets linked to Iran.