U.S. Treasury Secretary Scott Bessent claimed at the Reagan National Economic Forum that Washington has seized roughly $1 billion in cryptocurrency linked to Iran, describing the wallets as having been “just outright grabbed.”
In the clip, Bessent says some holders may not yet realize their assets have been seized, and argues the funds were “stolen from the Iranian people.” The remarks come amid an expanding U.S. sanctions and financial pressure campaign targeting Iran’s banking, oil and cryptocurrency networks.
