US Treasury slaps more sanctions on Iran-linked financier Babak Zanjani and his network for evading restrictions.

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The U.S. Treasury Department has imposed additional sanctions on individuals and companies linked to Iranian financier Babak Zanjani, citing his alleged evasion of existing restrictions. The move escalates financial pressure on a network accused of helping Iran bypass international sanctions. While the direct impact on crypto markets is limited, heightened geopolitical tensions could influence risk appetite and drive short-term volatility in digital assets, as traders weigh safe-haven flows against broader market uncertainty.