EconomyUS Imposes Sanctions on Cryptocurrency Exchange Tied to Iranian Billionaire Babak Zanjani Over Strait of Hormuz Tolls
The US has sanctioned a cryptocurrency exchange owned by Iranian billionaire Babak Zanjani for allegedly processing Strait of Hormuz toll payments for the IRGC. The measures are part of an ongoing effort to isolate Iran economically and disrupt its sanctions-evasion networks.
The National|September 24, 2026|1