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The United States freezes over $344 million USDT related to the Iranian regime
BlockBeats News, April 24 — An American official revealed that on Thursday, the U.S. requested Tether to assist in freezing over 344 million USDT related to Iran. The U.S. government found evidence of substantial links to the Iranian regime, including confirmed transactions with Iranian trading platforms and a series of transactions routed through intermediary addresses and interacting with wallets associated with the Central Bank of Iran. The Trump administration’s move aims to pressure Tehran. Amid ongoing diplomatic efforts to end the war facing obstacles, the U.S. government has been trying to increase economic pressure on Iran. It is currently unclear whether this massive amount of frozen funds will have a tangible impact on Tehran or its war and negotiation strategies.
U.S. Treasury Secretary Steven Mnuchin stated today that the Treasury “is sanctioning multiple wallets related to Iran, tracking funds that Tehran is desperately trying to transfer abroad, and cutting off all financial lifelines related to the regime.” The Iranian delegation to the United Nations has refused to comment on this.