U.S. Freezes $344M in Iran-Linked USDT With Tether Support

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U.S. authorities froze about $344 million in Iran-linked USDT. Tether said the freeze covered two addresses. Treasury Secretary Scott Bessent said Friday that the Treasury Department was sanctioning multiple wallets tied to Iran. A U.S. official said the government traced the funds to Iranian exchanges and wallets associated with the Central Bank of Iran.

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