The U.S. Treasury has frozen a cryptocurrency wallet linked to the Iranian Islamic Revolutionary Guard Corps (IRGC), seizing assets worth approximately $130 million. Treasury Secretary Bessent announced the action, which is part of ongoing efforts to curb illicit financial activities associated with the IRGC. This move underscores the U.S. government's commitment to using financial tools to address national security threats.
U.S. Treasury Freezes $130 Million in Crypto Linked to Iran's IRGC
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