Treasury Secretary Bessent: U.S. Seized $1 Billion in Cryptocurrency from Iran
By
André Beganski
A good honest bake. Not flashy, but you'll finish the whole bagel.
Summary
Treasury Secretary Scott Bessent announced at the 2026 Reagan National Economic Forum that the U.S. has seized approximately $1 billion in cryptocurrency from entities linked to Iran's military since February. Bessent stated the U.S. "outright grabbed" the wallets, suggesting some Iranian actors may not yet realize their digital assets have been confiscated.
Key quotes
· 3 pulledI believe that we have seized about $1 billion of their crypto.
Just outright grabbed the wallets.
Some of them may be typing in right now, and they might not have realized that their wallet ha
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