---
title: "US has seized nearly $1 billion in crypto from Iran, Bessent says"
url: https://thecoingazette.com/us-has-seized-nearly-1-billion-in-crypto-from-iran-bessent-says/
date: 2026-05-29
modified: 2026-05-30
lang: en
author: "Coin Gazette Editorial"
description: "Earlier this year, Treasury Secretary Scott Bessent said the US had seized \"nearly $500 million\" in Iranian crypto assets."
categories:
  - "Crypto News"
tags:
  - "Bessent"
  - "crypto"
  - "Iran"
  - "Legal"
  - "Markets"
  - "People"
  - "Policy"
  - "scott bessent"
  - "treasury"
  - "US Policymaking"
word_count: 19
---

# US has seized nearly $1 billion in crypto from Iran, Bessent says

Earlier this year, Treasury Secretary Scott Bessent said the US had seized "nearly $500 million" in Iranian crypto assets.