John Terry, a lawyer for Kazemi's son, Stephan Hachemi, said the family would reject any financial compensation.
"The family has reiterated that it will not be accepting any blood money," Terry said in Toronto. "[The family] views the whole provision of blood money here and the amount of it as a humiliating and insulting gesture."
Hachemi said the acquittal and the blood money offer were Iran's attempt to make the case go away.
"The Iranian judiciary, through this acquittal and through its offer of blood money, is telling the world that the Zahra Kazemi case is now closed. No way," Hachemi said.
Terry also said the verdict did not address the repatriation of Kazemi's body.
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