US Sanctions Iran-Linked Crypto Wallets

The U.S. Treasury has sanctioned multiple cryptocurrency wallets connected to Iran, intensifying economic pressure on the regime. This action follows Tether's recent freezing of $344 million in USDT, which has now been linked to Iranian sanctions. Treasury Secretary Scott Bessent stated the government will pursue all financial lifelines tied to Tehran as it attempts to move assets internationally. This development occurs amidst ongoing efforts to curb Iran's financial activities, including reports of the country accepting Bitcoin for transit fees on oil tankers.