Archive · 24 Jul 2026

US Sanctions Iranian Billionaire Zanjani for Regime Support

US Sanctions Iranian Billionaire Zanjani for Regime Support

The United States and the European Union have imposed new sanctions on Iranian billionaire Babak Zanjani and other individuals for their roles in supporting the Iranian regime and committing human rights abuses.

Zanjani, who was previously sentenced to death for embezzlement, has re-emerged as a key financier for the regime.

The US sanctions target Zanjani's conglomerate, which is involved in various industries, including cryptocurrency.

The EU has sanctioned five Iranian judges and a hacker for their roles in human rights violations, including imposing death sentences and cyber-attacks.

These actions aim to cut off economic access for corrupt Iranian regime elites and address ongoing repression within Iran.

Sources