NEWS: U.S. freezes $1 billion in Iran-linked crypto during ‘Operation Economic Fury’

By PAUL O’DONOGHUE, Senior Correspondent THE U.S. has frozen about $1 billion worth of crypto linked to Iran as part of ‘Operation Economic Fury’, a broader effort to disrupt the country’s funding channels. Scott Bessent, the Treasury Secretary, said U.S. authorities had “grabbed the wallets” and seized cryptocurrency connected to Iran. Subscribe now to have unlimited access With our membership subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!
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