US Freezes Crypto Worth $131M Linked to Iran

The U.S. has blocked access to over $130 million worth of crypto connected to Iran, marking another step in Washington’s campaign to disrupt financial networks it says support the Iranian government as tensions across the Middle East continue to rise.

Exchanges like Coinbase Global Inc. (NASDAQ: COIN) will be taking note of these recent seizures and devising ways to prevent similar illicit funds from being moved through their platforms because such an event could expose the companies to reputational&

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