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US freezes 344 million in crypto tied to Iran to squeeze Tehran harder
International
Published on 25 April 2026
Multiple crypto wallets linked to Iran get hit
The US has frozen $344 million in cryptocurrency assets linked to Iran, with the Treasury Department saying the move is designed to increase pressure on Tehran. Officials cite disruptions to energy supplies amid the Middle East war and promise to degrade Iran’s ability to move funds. Sanctions reportedly target multiple crypto wallets tied to Iran.
- $344 million in crypto assets linked to Iran is frozen
- US action targets multiple Iranian-linked crypto wallets
- Treasury says it will reduce Iran’s ability to move funds
- Move comes as Middle East conflict disrupts energy supplies
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times