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Connect scattered updates into a story you can understand.
U.S. Treasury Secretary Bessent said the Trump administration has escalated its financial sanctions against Iran to an “absolute isolation operation” and may seize cryptocurrency worth approximately 1000000000 USD this week.
The U.S. Treasury Department announced sanctions against a member of Hamas’s military wing, two French nationals, and two charities, saying they raised more than 2020 between 2026 and 2000000 USD and involved cryptocurrency transfers.
The U.S. Treasury stated that it has taken action against the Russia-linked A7 Network and proposes to restrict fund transfers involving its sub-agents. The announcement states that the network was used to help Iran evade sanctions and involved A7A5 tokens.
According to the U.S. Treasury Department website, the United States has issued new Iran-related sanctions, with the specific measures not yet disclosed.
Tether said that, 2026 during the year, it has supported the freezing of nearly 550000000 USD Iran-related USDT, involving wallets identified by U.S. authorities as linked to the Central Bank of Iran and sanctions networks. It said April and July each saw major rounds of freezing actions.
U.S. Treasury sanctions Tehran-based cryptocurrency exchange BitBank, accusing it of transferring hundreds of millions of USD Bitcoin to Iran’s Islamic Revolutionary Guard Corps and adding the related software company and executives to the sanctions list.
