OFAC designated 4 individuals and 9 entities, further dismantling Babak Zanjani’s sanctions evasion network. This action targets his Iran-based "Dot One" conglomerate and international support structure for his sanctioned digital asset exchanges, Zedcex and Zedxion, which launder funds for the IRGC.

Individuals
- Mehdi Rezazadeh: Chairperson of Zedpay (Turkey). Facilitated Zedxion’s fiat and cross-border payment capabilities.
- Sukhrob Oimakhmadov: Manager of Zedx (UAE). Acted on behalf of Zedcex regarding exchange wallets.
- Bahareh Morteza Zanjani: Manager of BZ Diamond (UAE) and Zanjani’s sister. Supported Zedxion through NFT promotion and token offerings.
- Solmaz Bani: Zanjani’s significant other. Provided material support by registering websites for his companies.

Entities
- Dot One Value Creation Group: Primary holding company for the Dot One conglomerate (Tehran, Iran).
- DotOne Gold Company: Gold bar minter and custodian integral to the Tala Token digital asset project (Iran).
- DotOne Rail Company: Handles railway construction, previously secured an $800M contract (Iran).
- DotOne Barter Company: Handles clearing house services (Iran).
- DotOne Airlines Company: Handles airline service operations (Iran).
- DotOne Trip: Handles ride-sharing service operations (Iran).
- Zedpay Finansal Sistem Ve Hizmetleri Anonim Sirketi: Fintech company integrated with Zedxion for digital wallets and cross-border payments (Istanbul, Turkey).
- Zedx DMCC: Entity acting on behalf of Zedcex for exchange wallet operations (Dubai, UAE).
- BZ Diamond FZCO: Lab-grown and natural diamond dealer providing support to Zedxion's NFT marketplace and ecosystem (Dubai, UAE).

Designation Authority
All designations were made pursuant to Executive Order 13902, targeting Iran’s construction, mining, manufacturing, and textiles sectors, as well as persons assisting designated actors.

Key Technical Details
- Tala Token: An allegedly gold-backed digital asset token produced by DotOne Gold Company. Significant quantities flowed through Zedcex infrastructure.
- Sanctions Implications: U.S. persons are prohibited from all dealings involving the property of the designated persons. Non-U.S. persons risk exposure for facilitating transactions or causing U.S. person violations. The action triggers the 50-percent rule for entities owned by blocked persons.