PANews reported on Could thirtieth that, based on The Block, america has seized approximately $1 billion in cryptocurrency property from Iran, virtually double the federal government’s earlier estimate. U.S. Treasury Secretary Scott Bessant said on Friday on the 2026 Reagan Nationwide Financial Discussion board that the U.S. believes Iran steals approximately $400 million to $500 million monthly by circumventing sanctions. “I imagine we now have seized approximately $1 billion of their cryptocurrency,” he mentioned. “We straight seized their wallets. Some of them could also be coming into info proper now with out realizing their wallets have been seized.” On April twenty ninth, Bessant said that the U.S. had seized “almost $500 million” of Iranian cryptocurrency property.
