The U.S. government has confiscated 500 bitcoins from the Iranians. The chief of Iranianâ€™s Blockchain Association, Sepehr Mohammadi stated, â€œSome people believe that this confiscation is because of circumventing U.S. sanctions by bitcoin holders.â€ The purchase value of the confiscated cryptos amounts to 25 billion rials or $5.77 million. It is reported that the reason for confiscation is unclear.
Confiscation of Bitcoins from IraniansIncryptsJul 25, 20180
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