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littlemissmartypants

(34,650 posts) Fri May 29, 2026, 05:20 PM 22 hrs ago

US says it has seized $1 billion in crypto assets from Iran [View all]

Source: Reuters/Times of Israel

US Treasury Secretary Scott Bessent says the US has seized $1 billion in Iranian cryptocurrency assets as part of the economic component of President Donald Trump's war on the Islamic Republic.

By Reuters
Today, 10:38 pm Israel (7 hours ahead)

Read more: https://www.timesofisrael.com/liveblog_entry/us-says-it-has-seized-1-billion-in-crypto-assets-from-iran/

US Reaches $1 Billion Seized Iran Crypto to Date: Bessent's Big Update

US reaches $1 billion cumulative seizure of Iranian crypto assets to date.
Bessent updates total from $500 million in April to $1 billion today.
Part of Operation Economic Fury targeting Iran sanctions evasion networks.

Cumulative Total Hits $1 Billion
The figure represents the running total seized to date, not a single new action announced today.

It builds on earlier milestones, including a major April 2026 freeze of $344 million in USDT on the Tron blockchain.

Published:
29 May 2026, 19:22 UTC
Updated:
29 May 2026, 19:31 UTC

https://beincrypto.com/us-1-billion-seized-iran-crypto/

23 replies

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Highlight:

US says it has seized $1 billion in crypto assets from Iran [View all] littlemissmartypants 22 hrs ago OP

isn't that why they use crypto? so the gov't can't seize it? rampartd 22 hrs ago #1

I suspect that the sanctions placed on Iran have fixed any problems to access the regime had. littlemissmartypants 22 hrs ago #4

Are crypto assets real? Being a basic (poor) person on a fixed income I really don't know... wcmagumba 22 hrs ago #2

I'm no expert Laha 21 hrs ago #6

Buy drugs or weapons? WA-03 Democrat 20 hrs ago #11

Trump stealing everything down to the studs is official US policy. Irish_Dem 22 hrs ago #3

This stillspkg 18 hrs ago #13

It is a clinical seminar: How psychopaths function when they have no restraints. Irish_Dem 9 hrs ago #21

I so wished that the pedopres did not represent me or all the other decent Americans in any way. efhmc 18 hrs ago #14

Our country is run by ruthless, dangerous, psychopaths. Irish_Dem 9 hrs ago #22

What's His Cut 2na fisherman 21 hrs ago #5

I expect we'll never know. Harker 21 hrs ago #8

That was my first thought, 2na fisherman. They probably took more than that but we're only hearing about a small bit. littlemissmartypants 21 hrs ago #9

Since it's fake money anyway, they'll keep all of it FakeNoose 21 hrs ago #10

I don't believe it. paleotn 21 hrs ago #7

"Crypto Assets" mdbl 19 hrs ago #12

IMO this is one more grandiose lie. No evidence to support it and dealing with a "currency" which exists in abstraction Ford_Prefect 17 hrs ago #15

My question is why does Bessent seem to be doing Marco Rubio's job? littlemissmartypants 14 hrs ago #18

I thought the vaunted "blockchain"..... SergeStorms 9 hrs ago #23

$1 billion in crypto assets Roy Rolling 17 hrs ago #16

These seized assets are the assets of the Iranian government. littlemissmartypants 14 hrs ago #17

Good to know the US Treasury can do this Deminpenn 11 hrs ago #19

So Will This Be Counted modrepub 9 hrs ago #20