U.S. Treasury Secretary Scott Bessent announced on October 8, 2026 that the United States intends to seize approximately $1 billion in cryptocurrency linked to Iranian financial networks within a week

From the articleBessent says US could seize $1 billion in Iran crypto this week - CryptopolitanAlso in US to seize $1B in crypto assets to pressure Iran amid ongoing conflict, US targets $1 billion Iran-linked crypto seizure, Bessent says 'we know where it is', U.S. Plans to Seize Another $1B in Iran-Linked Crypto, Bessent