- Treasury Secretary Scott Bessent announced the seizure as part of a broader economic pressure campaign aimed at pushing the Iranian regime toward insolvency.
- The seized digital assets are linked to the Islamic Revolutionary Guard Corps (IRGC) and were used to bypass traditional banking channels for cross-border transfers.
- Market analysts report that Bitcoin prices stabilized near 73,500 dollars following news of the seizure and ongoing negotiations for a 60-day ceasefire extension.
- The U.S. Treasury has also moved to block Iranian airlines from landing spots and refueling services until a formal diplomatic agreement is finalized.
- Iranian officials have demanded the release of these frozen assets as a primary condition for continuing preliminary peace talks.
Treasury Secretary Scott Bessent confirms seizure of one billion dollars in Iranian crypto assets
May 29, 2026, 7:24:16 PM UTC(2 hours ago)
Impact: MediumAffected Assets
Sources
From:@DeItaone
BESSENT: US HAS SEIZED $1 BILLION IN IRANIAN CRYPTO ASSETS
