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US Treasury Secretary: About a billion dollars in cryptocurrency confiscated from Iran

Scott Bessent. Photo: Mariam Zuhaib / AP Photo

The head of the US Treasury, Scott Bessent, said that the United States blocked Iran's cryptocurrency for about one billion dollars.

"We, I believe, confiscated about a billion dollars of their (Iranians') cryptocurrency," he said during the Reagan Economic Forum.

In April, Bessent confirmed the blocking of $344 million worth of cryptocurrency on wallets that are allegedly linked to Iran.

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12.07.2026

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