In 2017, US authorities seized from Iranians more than 500 bitcoins

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According to the Association of blockchain in Iran, the US authorities seized over 500 bitcoins belonging to the Iranians over the past year. At the same time, this figure only increases with time.

The president of the above-mentioned organization, Sepehr Muhammad, said that the reasons for the confiscation are still unknown since the US federal government prefers to remain silent. Some argue that this is due to an attempt to circumvent US sanctions by coin holders.

The exact amount of seized cryptocurrency was not established, but it is assumed that it exactly exceeds 500 bitcoins.

Even with all the tragedy of what is happening, it seems funny that the owners of the seized cryptocurrency cannot sue the United States because of the ban on cryptocurrency in Iran.

The Association intends to formulate and file an international claim, but currently, it lacks an expert who understands the law and aspects related to the fight against money laundering, ready to take this case under personal control.

Recall that in the spring of this year, the Iranian bank imposed a ban on banks and financial institutions to work with digital currencies. According to the official statement of the Central Bank of the Islamic Republic of Iran, “all crypto-currencies can be used for the purpose of laundering funds, sponsoring terrorist acts and transfers of money earned by criminal means.”

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