The U.S. Has Seized $1B of Iran's Crypto: Treasury

giuliomagnifico 21 points 2 comments May 30, 2026
bitcoinmagazine.com · View on Hacker News

Discussion Highlights (2 comments)

king_zee

seized =/= froze, they never got ahold of the funds, just disabled them on the blockchain and according to the article it's only confirmed it's 340mil but according to bessent it's "close to 1billion"

Bender

I thought the big push for crypto was to keep governments from touching it? So what are the actual benefits to it beyond buying drugs?

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