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U.S. Treasury Secretary Bessent: The U.S. freezes approximately $344 million in Iran-related cryptocurrency assetsTechub News reports, citing Cointelegraph, that U.S. Treasury Secretary Scott Bessent stated that U.S. authorities have frozen approximately $344 million in Iran-linked cryptocurrency assets, aiming to systematically weaken Tehran’s ability to generate, transfer, and repatriate funds. Tether said it froze the relevant funds at the request of the U.S., involving activities related to illegal conduct. Blockchain analysis firms Arkham and Chainalysis pointed out that Iran has built a stablecoin pipeline via TRC-20 wallets and the Tron network to evade sanctions, transferring oil revenues through intermediary wallets and cross-chain bridges to accounts linked to the central bank and the Revolutionary Guard. In 2024, the country's crypto transaction volume reached $11.4 billion, and in 2025, it is approximately $10 billion.Techub News05/13, 06:49 PM

快讯美国05/13, 06:49 PM

U.S. Treasury Secretary Bessent: The U.S. freezes approximately $344 million in Iran-related cryptocurrency assets

Techub News reports, citing Cointelegraph, that U.S. Treasury Secretary Scott Bessent stated that U.S. authorities have frozen approximately $344 million in Iran-linked cryptocurrency assets, aiming to systematically weaken Tehran’s ability to generate, transfer, and repatriate funds. Tether said it froze the relevant funds at the request of the U.S., involving activities related to illegal conduct. Blockchain analysis firms Arkham and Chainalysis pointed out that Iran has built a stablecoin pipeline via TRC-20 wallets and the Tron network to evade sanctions, transferring oil revenues through intermediary wallets and cross-chain bridges to accounts linked to the central bank and the Revolutionary Guard. In 2024, the country's crypto transaction volume reached $11.4 billion, and in 2025, it is approximately $10 billion.

U.S. Treasury Sanctions 10 Entities Linked to Iranian MilitaryTechub News reports that, according to CryptoBriefing, the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has announced sanctions against 10 individuals and entities, accusing them of assisting the Iranian military in procuring weapons components and unmanned aerial vehicle (UAV) parts. This action is part of "Operation Economic Fury," which has resulted in over 1,000 Iran-related sanctions since February 2025. The sanctioned targets include entities providing procurement networks for Iran's Ministry of Defense, the Aerospace Industries Organization, and the Islamic Revolutionary Guard Corps (IRGC), involving regions in the Middle East, Asia, and Eastern Europe. U.S. Treasury Secretary Scott Bessent stated that the Treasury Department will "relentlessly" continue to crack down on Iran's weapons proliferation network. OFAC requires compliant crypto platforms to block relevant wallet addresses and report transactions, or face risks of enforcement actions and fines.Techub News05/09, 03:36 PM

快讯Scott Bessent05/09, 03:36 PM

U.S. Treasury Sanctions 10 Entities Linked to Iranian Military

Techub News reports that, according to CryptoBriefing, the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has announced sanctions against 10 individuals and entities, accusing them of assisting the Iranian military in procuring weapons components and unmanned aerial vehicle (UAV) parts. This action is part of "Operation Economic Fury," which has resulted in over 1,000 Iran-related sanctions since February 2025. The sanctioned targets include entities providing procurement networks for Iran's Ministry of Defense, the Aerospace Industries Organization, and the Islamic Revolutionary Guard Corps (IRGC), involving regions in the Middle East, Asia, and Eastern Europe. U.S. Treasury Secretary Scott Bessent stated that the Treasury Department will "relentlessly" continue to crack down on Iran's weapons proliferation network. OFAC requires compliant crypto platforms to block relevant wallet addresses and report transactions, or face risks of enforcement actions and fines.

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