U.S. Treasury Secretary Scott Bessent attends a Senate Appropriations Financial Services and General Government Subcommittee hearing on President Trump's fiscal year 2027 budget request for the Department of the Treasury, on Capitol Hill in Washington, D.C., U.S., April 22, 2026. REUTERS/Annabelle Gordon
U.S. Treasury Secretary Scott Bessent attends a Senate Appropriations Financial Services and General Government Subcommittee hearing on President Trump's fiscal year 2027 budget request for the Department of the Treasury, on Capitol Hill in Washington, D.C., U.S., April 22, 2026. REUTERS/Annabelle Gordon
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National News

US sanctions wallets tied to Iran, freezing $344 million in cryptocurrency, Bessent says

April 24 (Reuters) – The U.S. Treasury Department is sanctioning multiple wallets tied to Iran, thereby freezing $344 million in cryptocurrency, Treasury Secretary Scott Bessent said in a statement on X.

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(Reporting by Ismail Shakil; Editing by Katharine Jackson)

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