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US Seizes $500M Iranian Crypto Assets
Published 3 weeks, 3 days ago
Description
US Treasury seizes $498 million in Iranian cryptocurrency assets, part of Operation Economic Fury, aiming to pressure Tehran. Irans economy crumbles, with currency plummeting and major bank collapse. Treasury sanctions 35 entities, a Chinese oil refinery, 40 shipping firms, and parts of missile/drone supply chain. Iran considers Bitcoin tolls for Strait of Hormuz and crypto scams.
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