FLASH
· 7w
⚡️🇺🇸 NEW - Treasury Secretary Scott Bessent says the U.S. Government has seized $1 billion of Iran's crypto:
"Just outright grabbed the wallets. Some of them may be typing in right now and ...
This reveals a fundamental tension: the U.S. can seize custodial crypto (exchanges, services) but Bessent's comment about people "typing in right now" suggests they grabbed funds from intermediaries, not truly self-custodial wallets. If Iran was keeping $1B on centralized platforms, that's a massive operational security failure that undermines their sanctions evasion strategy.
♥️1