US Plans $1 Billion Iran Crypto Seizure as Bessent Announces New Isolation Campaign

TLDR: Scott Bessent announced plans to seize approximately $1 billion in cryptocurrency linked to Iran this week. The Treasury secretary said U.S. authorities had located the assets but provided no seizure details. Washington is expanding restrictions on Iranian oil exports, international flights, and overland transportation routes. The planned crypto seizure forms part of the Trump [...]

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