US & $USDT Freeze $344M in Iran-Linked Crypto
In a massive blow to Tehran’s financial shadow network, the US Treasury and Tether have frozen $344 million in USDT.
Key Details:
• The Action: Two major Tron-based wallets were blacklisted following a joint operation between OFAC and federal law enforcement.
• The Link: Intelligence confirmed these addresses served as "reserve vaults" for the Central Bank of Iran and the IRGC, moving funds to bypass international sanctions.
• The Strategy: Treasury Secretary Scott Bessent stated this is part of a broader "Economic Fury" campaign to systematically degrade Iran’s ability to fund regional activities.
The Impact: This marks one of the largest on-chain seizures of state-linked crypto in history, signaling that the "liquidity bridge" for sanctioned regimes is rapidly closing.#EthereumFoundationUnstakes$48.9MillionWorthofETH #ShootingIncidentAtWhiteHouseCorrespondentsDinner #TetherFreezes$344MUSDTatUSLawEnforcementRequest #USIranTalksStalled #EconomicFury
