BREAKING: U.S. Announces Seizure of $1 Billion in Cryptocurrency Belonging to Iran
US Treasury Secretary Scott Bessent announced that approximately $1 billion worth of Iranian crypto assets have been seized. According to Bloomberg, Bessent stated that US authorities seized
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AnonymousCryptoCompass newsroom
May 29, 2026
1 min read
NEWS
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US Treasury Secretary Scott Bessent announced that approximately $1 billion worth of Iranian crypto assets have been seized.
According to Bloomberg, Bessent stated that US authorities seized approximately $1 billion worth of digital assets as part of sanctions and inspection activities targeting Iranian-linked crypto assets.
Bessent did not provide details on which cryptocurrencies were involved in the seizure or when the confiscation took place.
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