US authorities seized approximately $1 billion in cryptocurrency assets linked to Iran, according to corroborated reports. Treasury Secretary Scott Bessent announced the seizure at the Reagan National Economic Forum. According to analyticsinsight.net, the seizure is part of Operation Economic Fury, a US campaign targeting Iranian financial networks, and US authorities took control of crypto wallets linked to Iran. Analyticsinsight.net also reported that the US is working with European and Gulf allies to freeze assets, identify overseas properties, and disrupt funding channels tied to Iranian officials. Bessent did not publicly share wallet addresses, transaction details, or a full asset breakdown, according to analyticsinsight.net. Iran described the US seizure of its cryptocurrency assets as 'Dwarfish thief,' according to Hindustan Times.