The United States says it has seized nearly $1 billion worth of cryptocurrency allegedly linked to Iran as part of its economic pressure campaign.

U.S. Treasury Secretary Scott Bessent stated that the United States has seized approximately $1 billion in cryptocurrency assets allegedly connected to Iran.

According to Bessent, the seizures are part of a broader economic strategy targeting Iran’s financial networks and sanctions-evasion operations involving digital assets. He claimed U.S. authorities had “grabbed the wallets” connected to Iranian-linked crypto activity.

Reports say Iranian-linked entities, including groups tied to the Islamic Revolutionary Guard Corps (IRGC), have increasingly used cryptocurrencies and stablecoins to bypass international sanctions and move funds globally.

Some reports note that the exact confirmed amount may still be debated, with certain analysts saying publicly verified seizures currently total slightly less than $1 billion.

Disclaimer:

The figures are based on statements by U.S. officials and ongoing sanctions investigations. Independent verification of all seized assets and ownership details may still be subject to legal and intelligence review.