US sanctions wallets tied to Iran, freezing $344 million in cryptocurrency, Bessent says

Reuters ^ | 24 Apr 26 | Reuters

[delta7]

The ​U.S. Treasury ‌Department is ​sanctioning ​multiple wallets ⁠tied ​to ​Iran, thereby freezing $344 ​million ​in cryptocurrency, Treasury ‌Secretary ⁠Scott Bessent ​said ​in ⁠a statement ​on ​X.....

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TOPICS: Business/Economy; Crime/Corruption; Foreign Affairs; Government
KEYWORDS: crypto; currency; iran; irgc; sanctions; scottbessent; waronterror

[delta7]

For the thin air boyz.....if Uncle Sam is sanctioning Iran's thin air e monies, guess who is next? .....a change in administrations puts every thin air holder on " the list".

[Eli Kopter]

Hold by the cajones and kick them in the a**.

[Eli Kopter]

Hold by the cajones and kick them in the a**.

[TexasGator]

Sanctioning is a dual-meaning term referring either to formally approving/authorizing an action (ratification) or imposing penalties to enforce compliance (punishment).

[yelostar]

The downside of digital money, crypto or not.

It all depends on who's doing the freezing to whom.