THE FOLLOW UP
STATEMENT

Treasury says Zedcex processed over $94 billion in transactions since its August 2022 registration

True

Evidence from credible sources supports the statement as accurate. Learn more in Methodology.

Interesting: 0/0 • Support: 0/0Log in to vote
other

OFAC's public statement that Zedcex's transaction volume exceeds $94 billion since its August 2022 registration.

Source summary
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated multiple Iranian officials and affiliates for involvement in violent repression and corruption, including Interior Minister Eskandar Momeni Kalagari and businessman Babak Morteza Zanjani. For the first time, OFAC also designated two UK-registered digital asset exchanges tied to Zanjani and IRGC-linked wallets for operating in Iran’s financial sector and assisting the IRGC. The designations invoke several executive orders and block the property of listed persons, while the Treasury reiterated support for Iranian internet access under an existing general license (GL D-2).
View original article →
Latest fact check

The U.S. Department of the Treasury press release dated January 30, 2026 explicitly states: 'Since its registration in August 2022, Zedcex has processed over $94 billion in transactions.' OFAC's related recent-actions listing (Jan. 30, 2026) records ZEDCEX EXCHANGE LTD with an organization established date of 22 Aug 2022, and the UK Companies House entry for company number 14311274 confirms incorporation on 22 August 2022. Verdict: True — the Treasury made that claim and OFAC and UK company records corroborate the August 2022 registration cited by Treasury.

Sources

Timeline

  1. Update · Jan 30, 2026, 11:46 PMTrue
    The U.S. Department of the Treasury press release dated January 30, 2026 explicitly states: 'Since its registration in August 2022, Zedcex has processed over $94 billion in transactions.' OFAC's related recent-actions listing (Jan. 30, 2026) records ZEDCEX EXCHANGE LTD with an organization established date of 22 Aug 2022, and the UK Companies House entry for company number 14311274 confirms incorporation on 22 August 2022. Verdict: True — the Treasury made that claim and OFAC and UK company records corroborate the August 2022 registration cited by Treasury.
  2. Original article · Jan 30, 2026
    View article
Back to Countdowns

Comments

Only logged-in users can comment.
Loading…