REGULATION | U.S Targets $1 Billion in Iran-Linked Crypto Seizure, Says Treasury Chief

U.S. Treasury Secretary, Scott Bessent, said the United States could seize $1 billion worth of cryptocurrency linked to Iran, as the Trump administration intensifies efforts to isolate Tehran economically. “We’re probably gonna seize a billion dollars of crypto this week,” Bessent said at the Newsmax NPolicy Summit in Washington, adding that authorities knew where the assets were held and were working to isolate Iran. REALITY CHECK | Crypto is a ‘Tool of Choice for Sanctions Evasion’ for Iran, Says U.S Treasury The proposed seizure follows U.S.