Bessent: U.S. Treasury Department has seized nearly $500 million in Iranian cryptocurrency assets

Techub News, citing Fox Business, reports that U.S. Treasury Secretary Scott Bessent revealed that the Treasury Department has seized nearly $500 million in Iranian cryptocurrency assets as part of "Operation Economic Fury," adding that the seizures were carried out on behalf of the Iranian people. According to reports, the operation is aimed at seizing Iranian assets, freezing bank accounts, and pressuring foreign governments to cut ties with Iran.