🇺🇸 U.S. freezes $131M in crypto linked to Iran

The U.S. Treasury has frozen $131 million in USDT across four Tron wallets allegedly linked to the Central Bank of Iran, Treasury Secretary Scott Bessent announced.

The freeze comes as tensions in the Middle East continue to escalate. Earlier this year, Tether also froze $344 million in USDT at the request of U.S. authorities.

👀 The case highlights that centralized stablecoins like USDT can be frozen following law enforcement requests.

Source:
🐦 https://x.com/SecScottBessent/status/2077162473921319055?s=20