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U.S. Plans to Seize Another $1B in Iran-Linked Crypto, Bessent Says

Coinpedia·October 9, 2026·1 min read
U.S. Plans to Seize Another $1B in Iran-Linked Crypto, Bessent Says

U.S. Treasury Secretary Scott Bessent says the government will "probably" seize another $1 billion in Iran-linked cryptocurrency this week. The move follows earlier crypto freezes and efforts to restrict Iranian oil trade as Washington steps up pressure on Tehran's financial networks. Bessent made the remarks while speaking at a conference.

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