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US Treasury Locks Down $130 Million in Iranian Cryptocurrency Accounts

From moneycheck.com

The United States Treasury Department locked down over $130 million across multiple cryptocurrency wallets associated with Iranian entities through newly imposed sanctions. Officials from the Treasury indicated the enforcement action focused on accounts linked to the Central Bank of Iran. This measure represents a broader strategy to restrict digital currency networks allegedly involved in unauthorized financial operations. The Office of Foreign Assets Control added several cryptocurrency wallets with Iranian connections to its sanctions list under the latest enforcement program. Treasury Secretary Scott Bessent ... (full story)

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