US Freezes $130M IRGC Crypto Wallet, Escalates Iran Crackdown

• The latest reports reveal that the US froze the $130 million IRGC crypto wallet.
• The move comes as part of the US’s broader crackdown on Iran’s financial network. 
• The team is also attempting to track more assets linked to Iranian leadership.

As the United States escalates its scrutiny of Iran’s financial networks, the Treasury Department has reportedly frozen the IRGC crypto wallet worth $130 million. According to Treasury Secretary Scott Bessent, the move is part of the country’s broader efforts to track and block cryptocurrencies linked to Iran.  

Bessent also stated that the US is now attempting to track more crypto accounts and other assets connected to Iran’s leadership, especially Supreme Leader Ayatollah Ali Khamenei. The US investigators are reportedly identifying Tehran’s financial ties worldwide.

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