CoinDesk·3 min read·medium
U.S. adds four Iran central bank crypto wallets to sanctions, Tether freezes $131 million of contents
F
Francisco Rodrigues
✦AI Summary
The U.S. Treasury has sanctioned four crypto wallets linked to the Central Bank of Iran, prompting Tether to freeze $131 million in USDT held within those accounts. This action is part of ongoing efforts to prevent the Iranian government from using stablecoins to bypass international sanctions and support state-aligned military groups.
The four Tron-blockchain wallets had received more than $165 million in stablecoins, according to Chainalysis . Tether blocked $131 million in USDT held by the accounts, though some of the funds had moved before the freeze.
politicscryptoeconomy
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