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Home›Crypto›Regulation›Treasury freezes over $130 million tied to Iran-linked…

Treasury freezes over $130 million tied to Iran-linked crypto wallets

The Block reports Treasury Secretary Scott Bessent said the action follows OFAC sanctions on multiple Iran-linked crypto wallets.

Reported · Written up by our desk · Regulation

The US Treasury has frozen more than $130 million linked to Iran-linked crypto wallets, as reported by The Block.

Treasury Secretary Scott Bessent said the freeze came after OFAC sanctioned multiple Iran-linked crypto wallets.

The Block said the OFAC designations triggered the Treasury action, cutting off access to the targeted funds.

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Sources

The BlockUS Treasury freezes over $130 million tied to Iran-linked crypto wallets

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