The US-Iran conflict is also financial / The US says it has seized nearly $500 million in Iranian cryptocurrencies

The United States has seized nearly $500 million in Iranian cryptocurrencies, according to Treasury Secretary Scott Bessent, who said the operation has pushed Tehran into a "crisis state."
Bessent added that US authorities "have seized approximately $350 million in cryptocurrency assets, with another $100 million added from recent actions," bringing the total to nearly half a billion dollars.
He explained that the economic pressure campaign began on the orders of Donald Trump in March and intensified again about three weeks ago. This initiative, he said, is part of a broader strategy to limit Tehran's economic capabilities.
Washington is also increasing pressure on third countries and companies, urging them to cut off all economic cooperation with Iran. "We have warned buyers of Iranian oil that we are prepared to impose secondary sanctions on their industries and banks if they continue to cooperate with Iran," Bessent stressed.
He expressed the assessment that the combination of economic measures and the American naval blockade of Iranian ports will cause permanent damage to the country's economy.
Tehran, for its part, rejected the US claims, arguing that this policy would mainly lead to a rise in international oil prices. The speaker of the Iranian parliament criticized Bessent, calling his advice to Trump "nonsense."
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