• OFAC Sanctions Target Babak Zanjani Crypto Network Again
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    OFAC Sanctions Target Babak Zanjani Crypto Network Again

    The US Treasury expands sanctions on the Babak Zanjani crypto network, naming ZEDX DMCC, ZedPay, and BZ Diamond as latest targets. The US Treasury’s Office of Foreign Assets Control widened its sanctions net on July 24. The action targets businessman Babak Zanjani and his Dot One commercial network.  Treasury had previously sanctioned crypto exchanges Zedcex…

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