Money is flowing out of Iran in light of the country's financial collapse and fears of the Islamic Republic's fall, Treasury Secretary Scott Bessent said.
As the United States has increased pressure on Iran's oil exports to strangle the flow of money to the regime, the ruling elite is reportedly sending increasingly large sums out of the country.
"(...) We see the rats fleeing the ship. We see millions, tens of millions of dollars being taken out of the country, being smuggled out of the country by the Iranian leadership," Bessent said in an interview with Newsmax.
They abandon ship, and we see the money coming into banks and financial institutions all over the world.
On Wednesday, Israeli C14 reported that Iran's leadership transferred $1.5 billion in cryptocurrency to Dubai "in the last few hours."
According to the TV channel's source, Ayatollah Ali Khamenei's son, who is expected to succeed Ayatollah Ali Khamenei, is involved in the transfers.
