FLASH: Treasury Secretary Scott Bessent says U.S. seized $1 billion in Iran-linked crypto, "just outright grabbed the wallets"

U.S. Treasury Secretary Scott Bessent said the U.S. government has seized $1 billion worth of Iran's cryptocurrency, describing the action as having "just outright grabbed the wallets." He added that some holders may still be using the affected accounts and may not yet realize their wallets were taken.