Scott Bessent Vows To Freeze IRGC's Offshore Accounts And $100 Million Homes

At the G20 in Asheville, he named British Virgin Islands trust accounts and threatened to cut banks off the dollar.

Bessent told G20 finance ministers in Asheville, North Carolina, on Tuesday, September 1.
He named British Virgin Islands trust-company accounts and $100 million houses tied to the IRGC.
Seized assets, he said, could go to Iran's people or to USS Cole terror victims.

Why it matters: Naming the exact account and the exact house means the tracking finished long before the announcement.

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