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US Sanctions 'Wallets' Tied to Iran, Freezing $344 Million in Cryptocurrency, Bessent says | Dawn
April 24, 2026
Posted 3 hours ago by
The United States has sanctioned multiple cryptocurrency wallets linked to Iran, freezing an estimated $344 million in digital assets, according to Treasury Secretary Scott Bessent. The move marks a significant expansion of financial pressure on Tehran, targeting digital networks believed to be used to bypass traditional sanctions and move funds internationally.
Officials say the action is part of a broader strategy to disrupt Iran’s financial lifelines amid ongoing geopolitical tensions and stalled diplomatic efforts. The crackdown highlights how cryptocurrencies are increasingly being drawn into global sanctions enforcement, with authorities working alongside industry players to trace and freeze assets tied to sanctioned entities. --------------------------------------------------------------------------------------------------------------------------- Dawn News English is your window into the latest news, insight, and features from South Asia and beyond. Official Facebook: https://www.facebook.com/dawndotcom/ Official Twitter: https://twitter.com/dawn_com Website: www.dawn.com Official Instagram: https://www.instagram.com/dawnnewsenglish #iran #crypto #sanctions #usnews #globaleconomy #geopolitics #breakingnews #dawnnewsenglish #news #latestnews #dawnnewsenglish #dawnnews
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