Iran-Linked Crypto Hit With $131M Freeze Amid Renewed US Military Campaign
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The US has frozen more than $130 million in crypto assets linked to Iran after OFAC sanctioned multiple wallets tied to the Central Bank of Iran, Treasury Secretary Scott Bessent said on X. The action underscores heightened regulatory and security pressure on sanctioned actors amid Middle East hostilities and raises compliance and risk concerns for crypto platforms, cross-border DeFi activity and token custody.
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The United States has frozen more than $130 million in crypto assets linked to Iran as hostilities in the Middle East continue to intensify.
US Treasury Secretary Scott Bessent took to X to confirm that the Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned multiple crypto wallets tied to the Central Bank of Iran.
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