The US Treasury Department has frozen another 130 million USDT (Tether) stablecoins linked to Iran, according to reports. The report says over the past year, more than 1 billion USDT belonging to Iran's central bank have been blocked.
The US Treasury has reportedly frozen an additional 130 million USDT (Tether) stablecoins linked to Iran, according to a report. The report states that over the past year, more than 1 billion USDT belonging to Iran's central bank have been blocked. The move is part of ongoing US efforts to disrupt Iranian financial networks used to fund regional proxies. The Treasury has previously taken steps to freeze Iranian assets, including canceling oil export authorizations and imposing sanctions on entities linked to Hezbollah, as The Zioneer has reported.
2 developments
- DevelopingUS freezes $130M in IRGC-linked crypto wallets, expands hunt to Khamenei's global assets
- StrongUS Treasury Department Announces It Will Not Release Frozen Iranian Funds
- StrongUS official denies $3 billion in frozen Iranian funds are being released
- StrongUS Treasury sanctions two major crypto exchanges over IRGC-linked financing
Source and signal
- Open-source intake