The US has frozen over $130 million in crypto assets tied to Iran as the Middle East tensions keep simmering in the shadows ๐ค
Rising Shadows of Conflict ๐
Treasury Secretary Scott Bessent dropped the news on X confirming that OFAC sanctioned several wallets belonging to the Central Bank of Iran ๐
We will continue to aggressively follow the money and deny the Iranian regime access to the proceeds of its illicit revenue schemes.
โ Scott Bessent (@SecScottBessent) view on X
Tether Snaps the Chains ๐ธ๏ธ
Blockchain sleuth Specter revealed that Tether locked four TRON wallets holding roughly $131 million in USDT after tracing most of it back through DTC Pay and Bitso before the freeze hit ๐ฎ
Stablecoin issuer Tether froze four TRON wallets holding approximately $131 million in USDT linked to OFAC-sanctioned entities including the IRGC and Bank Markazi.
โ Specter (@SpecterAnalyst) view on X
The latest move lands right as the US-Iran standoff collapsed again with naval blockades back in place and fresh strikes rolling out ๐ฆ
Defi Pressure Mounts on Tehran ๐น
This freeze echoes the earlier April Tether action that seized $344 million in USDT under US requests and the sanctions slapped on Nobitex plus other exchanges for routing funds tied to the IRGC and Central Bank ๐ท๏ธ
Just another echo from the void by iconofsin.eth ๐