Donald Trump · Iran · Bitcoin · Federal Reserve (FED) · U.S. Treasury · Scott Bessent · CryptoSlate
Nobitex claims to have 11 million users and to handle an estimated 70% of Iran's domestic crypto transactions
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If a meaningful portion of the $1 billion is in Bitcoin, the Treasury holds those assets, and they clear final forfeiture without triggering victim restitution or law-enforcement carve-outs, they would join a Reserve that the executive order prohibits from selling.
Key facts
- At the current BTC price of roughly $73,000, a fully Bitcoin-denominated $1 billion seizure would equal about 13,632 BTC
- In 2025, the US government was expected to retain an estimated 200,000 BTC already seized through criminal and civil proceedings under the reserve framework, a hypothetical 13,632 BTC addition
- Chainalysis estimated that Iran's crypto ecosystem reached $7.78 billion in activity in 2025 and said IRGC-linked flows accounted for roughly 50% of Iran's total crypto ecosystem in the fourth
- Reasury Secretary Scott Bessent said at the Reagan National Economic Forum that the US had seized roughly $1 billion in Iranian crypto assets, turning the Iran crypto seizure into an early test
Summary
01 Treasury Secretary Scott Bessent said the US seized roughly $1 billion in Iranian crypto assets, but gave no wallet or token details. 02 The asset mix matters because finally forfeited Bitcoin could enter Trump's Strategic Bitcoin Reserve, while non-BTC tokens would go elsewhere. 03 Whether the money is frozen, seized, or finally forfeited is unclear, and that legal status decides if the reserve ever gets it. Reasury Secretary Scott Bessent said at the Reagan National Economic Forum that the US had seized roughly $1 billion in Iranian crypto assets, turning the Iran crypto seizure into an early test of Trump’s reserve framework. Bessent added the authorities “outright grabbed the wallets,” with CBS reporting he also described the assets as money stolen from the Iranian people.