The U.S. Treasury Secretary announced that one billion dollars of digital assets linked to Iran have been seized.
Scott Bassett, the U.S. Treasury Secretary, announced that the total digital assets linked to Iran that have been seized under U.S. sanctions have reached one billion dollars.
According to him, these assets were identified and blocked during an operation called Economic Fury, which began in March 2025. A significant portion of these amounts includes digital currency-based assets, especially Tether.
According to reports, in April 2026, the U.S. blocked about 344 million dollars and subsequently nearly 500 million dollars more of assets linked to Iran’s oil sales networks and financial activities.
The U.S. Treasury Department has announced that it is collaborating with blockchain analysis companies and digital currency issuers to identify these assets.
Bassett also claimed that before these intensified measures, between 400 to 500 million dollars were being transferred monthly through digital currency-based channels. He stated that these assets are being held for the benefit of the Iranian people, although some of them are facing legal claims related to terrorism victims.