OFAC designates Iranian officials and 2 crypto exchanges for enabling IRGC-linked finance, sanctions evasion, corruption, and human rights abuse, its first action against Iran-based digital-asset platforms

OFAC designated key Iranian regime figures — including the Minister of the Interior and other commanders of security forces involved in violent repression of protestors — along with Babak Morteza Zanjani, a prominent Iranian investor accused of embezzling and laundering oil revenues to benefit the Islamic Revolutionary Guard Corps and related projects. For the first time, OFAC also targeted two digital asset exchanges linked to Zanjani that processed substantial volumes of funds tied to IRGC-associated entities, expanding sanctions enforcement into the crypto sector as part of broader efforts to cut off illicit financial support to the regime…