Tether's $344 million USDT freeze linked to U.S. 'Economic Fury' against Iran regime
CoinDesk
The U.S. Treasury has frozen $344 million in USDT as part of a campaign to disrupt financial networks supporting the Iranian regime.Summary
The U.S. Treasury Department, led by Secretary Scott Bessent, has initiated a series of sanctions targeting cryptocurrency wallets to cut off financial support for the Iranian government. This move involves the freezing of $344 million in USDT, which was blacklisted by stablecoin issuer Tether across two blockchain addresses on the Tron network. U.S. officials confirmed these assets were linked to the Central Bank of Iran, which has increasingly utilized digital assets to bypass international sanctions and obscure cross-border transactions. This action is part of a broader U.S. strategy labeled "Economic Fury," aimed at dismantling illicit financial networks connected to Tehran.
(Source：CoinDesk)