US sanctions Iran-linked crypto wallets, including addresses holding $344 million frozen by Tether: CNN
Summary
The U.S. Treasury has announced sanctions against multiple cryptocurrency wallets associated with Iran as part of an effort to increase economic pressure on the regime. This move follows Tether's decision to freeze $344 million in USDT held on the Tron network, an action coordinated with the U.S. Office of Foreign Assets Control (OFAC) and law enforcement. Experts note that Iran has increasingly utilized cryptocurrencies to bypass international sanctions, with estimates suggesting Iranian crypto holdings reached $7.8 billion in 2025.
(Source:The Block)