Bitcoin
‘We Know Where It Is’: Treasury Secretary Threatens To Freeze $1B of Iran’s Crypto
Bitcoin Magazine·October 9, 2026·1 min read
U.S. Treasury Secretary Scott Bessent said the U.S. will seize $1 billion of Iran's crypto this week, though it isn't clear which asset. Bessent threatened to freeze the funds, stating 'We know where it is.' The announcement targets Iran's digital asset holdings amid ongoing geopolitical tensions.
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