Scott Bessent says US seized roughly $1B in Iranian crypto as regime nears 'end of their tether' ^61.7%

Fox Business - By Nora Moriarty - 5/29/2026, 11:06 PM

Post Hoc (False Cause) 39.8% - Confirmation Bias 33% - Negativity Bias 28.5%

Treasury Secretary Scott Bessent said the Iranian economy is nearing a breaking point Friday, while announcing that the U.S. has seized roughly $1 billion in Iranian cryptocurrency assets. "We have seized about a billion dollars of their crypto," he told FOX Business. "Just outright grabbed the wallets." Joining "Kudlow" at the Reagan... more