news.bitcoin.com
U.S. Treasury says Iran’s ruling elite are shifting large sums abroad, with reports of $1.5 billion routed to Dubai amid unrest and strike fears.
U.S. Treasury Secretary Scott Bessent said that Washington is tracking a surge of capital flight by Iran’s ruling class as nationwide protests and threats of U.S. military action create alarm. According to the Express, Israel’s Channel 14 reported roughly $1.5 billion moved to escrow accounts in Dubai, with an anonymous source naming the son of the Iranian Supreme Leader Khamenei among those involved.
The Treasury warns it is tracing funds “through the banking system or through digital assets” and will work to block illicit transfers, noting Iran increasingly uses cryptocurrencies to evade sanctions; any enforcement or asset recovery remains subject to jurisdictional legal processes.
Read More: XRP Plunges Below $1.80 After Trump Iran Warning Sparks Market Fear
🧭 FAQs
• What amount was reportedly transferred from Iran to Dubai? Channel 14 reports about $1.5 billion moved to Dubai escrow accounts.
• Who disclosed U.S. monitoring of these transfers? U.S. Treasury Secretary Scott Bessent announced tracking of capital flight.
• How are funds said to be leaving Iran? U.S. officials and reports say funds move via banks and cryptocurrency channels from Iran to Dubai.
• Will these transfers be blocked or recovered by U.S. authorities? U.S. Treasury says it will trace assets but enforcement depends on jurisdictional and legal measures.