TechFlow reports that on April 25, according to CNN, the United States has frozen approximately $344 million worth of cryptocurrency assets linked to Iran. The freeze was implemented with Tether’s assistance on two addresses. U.S. authorities stated these funds have on-chain transaction ties to Iranian entities, including interactions with Iranian exchanges and wallets associated with the Central Bank of Iran. This action is part of broader U.S. efforts to intensify economic pressure on Iran.
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