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US Targets $1 Billion in Crypto Assets in Economic Crackdown on Iran

CoinGape·October 9, 2026·1 min read
US Targets $1 Billion in Crypto Assets in Economic Crackdown on Iran

The United States has identified $1 billion in cryptocurrency assets that may be subject to seizure relating to Iran. Scott Bessent announced the potential seizure at the NPolicy Summit, explaining efforts to isolate Iran financially. US officials are set to proceed with the action.

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