US Treasury Aims to Seize $1 Billion in Iran-Linked Crypto Assets
US authorities are reportedly preparing to seize approximately $1 billion in cryptocurrency linked to Iran amid ongoing financial sanctions.
US authorities are reportedly preparing to seize approximately $1 billion in cryptocurrency linked to Iran amid ongoing financial sanctions. XRP (XRP) is trading at $1.41. This is an original Token Times brief synthesising 3 outlets (Crypto.news, Bitcoin Sistemi, Finbold), with their figures cross-checked, plus live market data, as of Mon, 12 Oct 2026 03:00:01 UTC.
This potential seizure represents a significant escalation in the US's use of cryptocurrency tracing and seizure capabilities to enforce international sanctions, signaling a new phase in financial warfare.
- US Treasury targets $1B in Iran-linked crypto assets for seizure.
- Move highlights growing use of crypto tracing in sanctions enforcement.
- Action could pressure Iran's crypto liquidity amid sanctions.
Crypto.news, Bitcoin Sistemi, and Finbold all report that US authorities are preparing to seize around $1 billion in cryptocurrency linked to Iran, though they differ in the specifics of the context. Crypto.news focuses on the seizure itself and its connection to sanctions against Tehran, while Bitcoin Sistemi mentions a separate $1 billion token buyback in the altcoin market, and Finbold discusses an upcoming XRP escrow release by Ripple. The $1 billion figure is corroborated across multiple outlets, but the details of the seizure and its implications vary in emphasis.
US Treasury Secretary Scott Bessent announced at the Newsmax NPolicy Summit in Washington that authorities have identified approximately $1 billion in cryptocurrency assets linked to Iran that could be seized this week.
This development comes as the US continues to enforce strict financial sanctions against Iran, with cryptocurrency becoming an increasingly important tool in tracking and seizing illicit funds.
While Crypto.news and 
Bitcoin Sistemi both mention the $1 billion figure, they differ in their focus: Crypto.news emphasizes the seizure in the context of sanctions, while Bitcoin Sistemi discusses a separate $1 billion token buyback in the altcoin market.
Finbold adds another layer by reporting that Ripple is set to release 1 billion 
XRP from escrow in three weeks, which could be relevant given XRP's historical use in cross-border transactions.
The broader crypto market remains in a bullish phase, with a total market cap of $2.91 trillion and Bitcoin up 1.26% in the last 24 hours. XRP, which could be indirectly affected by the seizure news, is currently trading at $1.41, up 0.97% in the past day.
Since this brief published about 2 days ago, XRP (XRP) has moved from $1.41 to $1.41 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹146.85 (about $1.41), up 0.5% over 24 hours. The rupee itself trades about 7.4% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
1 key figure independently matched across 2 outlets reporting this story.
Token Times extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
US Treasury Aims to Seize $1 Billion in Iran-Linked Crypto A — questions & answers
How much cryptocurrency is the US targeting for seizure?
Approximately $1 billion in Iran-linked cryptocurrency.
What is the significance of this seizure?
It demonstrates the US's growing ability to trace and seize crypto assets for sanctions enforcement.
How might this affect the broader crypto market?
The impact is likely to be minimal as the seizure is targeted at specific assets linked to Iran.
How much is 1 XRP worth in rupee today?
About ₹146.85 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.41. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto.news, Bitcoin Sistemi, Finbold, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.