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US Seizes $1 Billion in Iran-Linked Cryptocurrency

US authorities have seized around $1 billion in cryptocurrency linked to Iranian entities as part of a crackdown on sanctions evasion.

Mercation Admin
May 31, 2026 1 min read
US Seizes $1 Billion in Iran-Linked Cryptocurrency

US authorities announced the seizure of approximately $1 billion in crypto assets allegedly linked to Iranian entities. This confiscation is part of a campaign to intensify sanctions and combat the use of digital currencies to circumvent restrictions.

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