Nearly $1 Billion In Iranian Crypto Falls Into US Hands

Some Iranian crypto wallet owners may not even know yet that their money is gone. Treasury Secretary Scott Bessent disclosed Friday that the US has quietly seized roughly $1 billion in digital assets tied to Iran, a figure that has nearly tripled from earlier estimates released just weeks ago. Related Reading: Unknown Wallet Destroys $8.5 Million In Bitcoin In Shocking Burn Operation Economic Fury The seizures are part of a campaign called Operation Economic Fury, launched in March 2025, which has gone after Iranian assets on multiple fronts — freezing bank accounts, confiscating properties with European allies, and targeting cryptocurrency holdings. Bessent spoke about the effort at the Reagan National Economic Forum, describing the operation as part of a broader ef...