- The U.S. Treasury sanctioned Iran-linked crypto wallets.
- More than $130 million in USDT was frozen.
- The wallets were reportedly tied to Iran's central bank.
- The action is part of broader sanctions enforcement.
The U.S. Treasury has frozen more than $130 million in cryptocurrency after sanctioning wallets linked to Iran's Central Bank.
According to Treasury Secretary Scott Bessent, the action is part of ongoing efforts to disrupt Iran's use of digital assets to finance illicit activities.
Shortly before the announcement, onchain analysts reported that Tether froze four Tron wallets holding approximately $131 million in USDT. The wallets were reportedly connected to Iran's Central Bank and the Islamic Revolutionary Guard Corps.
The latest enforcement action follows several previous large-scale USDT freezes involving wallets identified by U.S. authorities as being linked to sanctioned entities or criminal activity.
Tether says it works with hundreds of law enforcement agencies worldwide and has frozen more than $4.4 billion in digital assets to support investigations and sanctions enforcement.
