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Kuwait Intercepts Missiles, US Freezes $130M in Iran-Linked Crypto
Kuwait shot down missiles and drones as the US Treasury froze $130 million in crypto wallets tied to Iran's central bank, escalating tensions.
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Kuwait's military intercepted multiple missiles and drones this week, and the US Treasury froze $130 million in crypto wallets linked to the Central Bank of Iran.
Between July 8 and July 15, Kuwait's air defenses shot down one ballistic missile and five cruise missiles. Separately, they intercepted 33 drones. Debris caused minor infrastructure damage, with no casualties reported. The country had already intercepted seven missiles in June during a similar defensive response.
The US Treasury's action targets wallets associated with Iran's central bank. The freeze is part of broader sanctions enforcement tied to the ongoing conflict. The Treasury did not specify which wallets or platforms were affected.