THE ESSEX FILES: Operation Economic Fury: How the Treasury’s $1B Crypto Raid stops the Iran Thaw
The U.S. Treasury has seized approximately $1 billion in cryptocurrency assets linked to Iran as part of Operation Economic Fury. This action aims to disrupt funding for Tehran's military ambitions and proxy networks, signaling increased scrutiny on evasion tactics. The economic pressure is expected to force difficult choices for the Iranian regime, potentially exacerbating internal challenges.
- ▪The U.S. has seized roughly $1 billion in cryptocurrency assets tied to Iran's regime.
- ▪Operation Economic Fury is part of a sustained pressure campaign against Iran.
- ▪The seizure disrupts immediate liquidity and signals that evasion tactics face increasing scrutiny.
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| Original publisher | RedState |
| Canonical URL | https://redstate.com/brad-essex/2026/05/31/the-essex-files-operation-economic-fury-how-the-treasurys-1b-crypto-raid-signals-the-of-the-iran-thaw-n2202858 |
| Publication time | Sun, 31 May 2026 07:20:00 -0400 |
| Retrieval time | 2026-05-31T11:34:58.234Z |
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THE ESSEX FILES: Operation Economic Fury: How the Treasury’s $1B Crypto Raid stops the Iran Thaw By Brad Essex | 7:20 AM on May 31, 2026 The opinions expressed by contributors are their own and do not necessarily represent the views of RedState.com. AP Photo/Kin Cheung, File The Biden-era "thaw" is officially over. Under Secretary Scott Bessent, the Treasury isn't just issuing sternly worded memos; it's raiding the regime's digital piggy bank. Advertisement googletag.cmd.push(function () { googletag.display("div-gpt-300x250_2"); //googletag.pubads().refresh([gptAdSlot["div-gpt-300x250_2"]]) }); The announcement this week from Treasury Secretary Scott Bessent marks another tangible step in a sustained pressure campaign against Iran.
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