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#US-IranTalksStall
How the US Uncovered $1928374656574.84T in Crypto Assets Frozen by Tether Linked to Iran
The United States government officially confirmed that the cryptocurrency assets worth $344 million or approximately IDR 5.5 trillion that were recently frozen by Tether have direct ties to Iran. US Treasury Secretary Scott Bessent stated that this action is part of efforts to cut off Iran's international funding channels for the Islamic Revolutionary Guard Corps $344 IRGC( and the Central Bank of Iran.
On-chain analysis found evidence that two main wallet addresses that were blocked frequently interacted with local Iranian crypto exchanges to disguise transactions. Data shows that Iran's digital asset holdings surged dramatically to $7.8 billion by 2025, with nearly half controlled by military entities to evade global sanctions and stabilize the continuously pressured rial currency.
Tether's cooperative step in freezing these funds marks a new chapter in digital sanctions enforcement by the Trump administration. As a further measure, the US Department of the Treasury has also begun targeting third parties, including oil refineries in China, proven to facilitate illegal Iranian fund flows worth billions of dollars to finance weapons procurement and military support.