Babak Zanjani
Coverage of Babak Zanjani in the Nexus archive.
- New US sanctions target billionaire Iranian financier Babak Zanjani
The United States Treasury Department has imposed sanctions against nine firms and four people in the business network of Iranian financier Babak Zanjani for attempting to evade sanctions. The sanctions target key businesses and associates linked to Zanjani.
- US hits network of Iranian financier Zanjani with more sanctions
The United States imposed sanctions on nine firms and four individuals linked to Iranian financier Babak Zanjani for evading sanctions. The Treasury Department targeted Zanjani's Iran-based 'Dot One' conglomerate and operations in Turkey and the UAE, which support his digital asset exchanges and facilitate covert financial activities for Iran.
- Sanctioned Iranian businessman helped regime skirt sanctions using crypto exchange — report
Sanctioned Iranian businessman Babak Zanjani allegedly moved $850 million for Iran's Islamic Republic via Binance, a crypto exchange used as a financial conduit for the IRGC, despite U.S. sanctions and a Trump pardon of Binance's founder.
- Binance disputes latest WSJ report on alleged Iran-linked transactions
The Wall Street Journal reported that Iranian financier Babak Zanjani allegedly moved $850 million through Binance. Binance CEO Richard Teng disputed the report, claiming it mischaracterized the transactions.