The US Treasury Department has announced several digital asset seizures related to sanctions on Iran, as part of the US government's efforts to enforce economic sanctions.
Source
"US to Seize $1B in Crypto Linked to Iran" — Cointelegraph
This article is Bitcoincryptos' summary and analysis of reporting originally published by Cointelegraph. Read the full original report at the link above.
Scott Bessent, a former director of investments at the Treasury Department, confirmed the plan to seize $1 billion in cryptocurrency linked to Iran, which is expected to be executed this week.