From Death Row Inmate to National Hero.


Babak Zanjani spent years in prison on death row until last year when Iranian authorities suddenly decided to release him.
The reason was Iran was facing U.S. economic sanctions, with many bank accounts and related companies frozen.
So the authorities thought of this businessman who had previously helped Iran sell oil, convert the proceeds into cash, and bypass the sanctions to bring foreign currency back to Iran.
Although he had been sentenced to death in Iran for suspected corruption and fraud against the government.
But last year, Iran suddenly changed his death sentence to immediate release because the country needed him.
The U.S. Treasury Department accused this guy of earning foreign exchange for Iran since 2022 through two cryptocurrency exchanges, with about 1 billion USD worth of crypto flowing through related exchanges in just two years, ultimately ending up with organizations linked to the Iranian Revolutionary Guard.
So this guy, overnight, transformed from a condemned profiteer into Iran’s designated crypto economy operative. #Gate广场五月交易分享
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
Add a comment
Add a comment
SpeculativeAnalyst
· 2h ago
Just charge forward 👊
View OriginalReply0
SpeculativeAnalyst
· 2h ago
Hop on now!🚗
View OriginalReply0
SpeculativeAnalyst
· 2h ago
Just charge forward 👊
View OriginalReply0
SpeculativeAnalyst
· 2h ago
Hop on now!🚗
View OriginalReply0
SpeculativeAnalyst
· 2h ago
Just charge forward 👊
View OriginalReply0
  • Pin