US Treasury Secretary Bessent Says the U.S. May Seize $1 Billion in Iran-Linked Crypto Assets This Week

Odaily reports: U.S. Treasury Secretary Scott Bessent said the United States "may" seize approximately $1 billion worth of Iran-linked crypto assets this week.

Speaking at a conference on Thursday, Bessent said the United States "knows where these assets are" and described the related effort as "an absolute isolation campaign." It remains unclear exactly how the U.S. government plans to carry out the asset seizures. (The Block)