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littlemissmartypants

(34,946 posts) Fri May 29, 2026, 05:20 PM May 29

US says it has seized $1 billion in crypto assets from Iran [View all]

Source: Reuters/Times of Israel

US Treasury Secretary Scott Bessent says the US has seized $1 billion in Iranian cryptocurrency assets as part of the economic component of President Donald Trump's war on the Islamic Republic.

By Reuters
Today, 10:38 pm Israel (7 hours ahead)

Read more: https://www.timesofisrael.com/liveblog_entry/us-says-it-has-seized-1-billion-in-crypto-assets-from-iran/

US Reaches $1 Billion Seized Iran Crypto to Date: Bessent's Big Update

US reaches $1 billion cumulative seizure of Iranian crypto assets to date.
Bessent updates total from $500 million in April to $1 billion today.
Part of Operation Economic Fury targeting Iran sanctions evasion networks.

Cumulative Total Hits $1 Billion
The figure represents the running total seized to date, not a single new action announced today.

It builds on earlier milestones, including a major April 2026 freeze of $344 million in USDT on the Tron blockchain.

Published:
29 May 2026, 19:22 UTC
Updated:
29 May 2026, 19:31 UTC

https://beincrypto.com/us-1-billion-seized-iran-crypto/

31 replies

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US says it has seized $1 billion in crypto assets from Iran [View all] littlemissmartypants May 29 OP

isn't that why they use crypto? so the gov't can't seize it? rampartd May 29 #1

I suspect that the sanctions placed on Iran have fixed any problems to access the regime had. littlemissmartypants May 29 #4

This message was self-deleted by its author wcmagumba May 29 #2

I'm no expert Laha May 29 #6

Buy drugs or weapons? WA-03 Democrat May 29 #11

As real as Monopoly money or the pieces. I have the iron,I claim it's worth $100,000 Bengus81 Saturday #29

Trump stealing everything down to the studs is official US policy. Irish_Dem May 29 #3

This stillspkg May 29 #13

It is a clinical seminar: How psychopaths function when they have no restraints. Irish_Dem May 30 #21

I so wished that the pedopres did not represent me or all the other decent Americans in any way. efhmc May 29 #14

Our country is run by ruthless, dangerous, psychopaths. Irish_Dem May 30 #22

What's His Cut 2na fisherman May 29 #5

I expect we'll never know. Harker May 29 #8

That was my first thought, 2na fisherman. They probably took more than that but we're only hearing about a small bit. littlemissmartypants May 29 #9

Since it's fake money anyway, they'll keep all of it FakeNoose May 29 #10

They already said, 1 billion dollars. N/t FSogol 19 hrs ago #31

I don't believe it. paleotn May 29 #7

At this point why accept anything. thomski64 Saturday #25

Yes, I'm not sure why anyone would just assume this administration is providing real numbers. Ilikepurple Saturday #28

"Crypto Assets" mdbl May 29 #12

IMO this is one more grandiose lie. No evidence to support it and dealing with a "currency" which exists in abstraction Ford_Prefect May 29 #15

My question is why does Bessent seem to be doing Marco Rubio's job? littlemissmartypants May 30 #18

I thought the vaunted "blockchain"..... SergeStorms May 30 #23

$1 billion in crypto assets Roy Rolling May 29 #16

These seized assets are the assets of the Iranian government. littlemissmartypants May 30 #17

Good to know the US Treasury can do this Deminpenn May 30 #19

So Will This Be Counted modrepub May 30 #20

Post removed Post removed Saturday #24

But the surrender document that Trump will have to sign gives Iran 300 billion Botany Saturday #26

If it's acutally worth anything, it will end up in Trump and Son's crypto enterprise. CousinIT Saturday #27

They probably took more. We're just hearing about a small portion... littlemissmartypants Saturday #30