Scott Bessent: U.S. Treasury sanctions Iran-linked wallets in $130 million asset freeze

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Daria Chernytska

6 hours ago

Scott Bessent: U.S. Treasury sanctions Iran-linked wallets in $130 million asset freeze — U.S. Treasury freezes Iran crypto wallets

Scott Bessent, 79th U.S. Secretary of the Treasury and founder of Key Square Group, reported that the U.S. Department of the Treasury has taken action against Iran’s illicit financial activities, including misuse of digital assets.

The Treasury’s Office of Foreign Assets Control sanctioned multiple wallets linked to the Central Bank of Iran, resulting in a freeze of over $130 million.

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Bessent has previously cited the critical role of core values in supporting the U.S. economy. In a recent piece, he highlighted the administration’s focus on future prosperity in America’s economic future grounded in principles. The latest actions by the Treasury expand on these policy priorities.

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