DOJ Says Millions in Iranian Oil Proceeds Laundered on Binance

DOJ Says Millions in Iranian Oil Proceeds Laundered on Binance

The US Justice Department is seeking forfeiture of $61 million it says was generated from Iranian black-market oil sales and laundered through the cryptocurrency exchange Binance.

US DOJ seeks forfeiture of $61M in crypto tied to Iranian oil sales laundered through Binance accounts

The DOJ seeks $61M in crypto linked to Iranian oil sales allegedly laundered through Binance accounts by two China-based firms, Blessed Trust and

The DOJ Wants to Seize $61 Million in Iran Oil Money Laundered on Binance

The Justice Department has filed civil forfeiture complaints seeking to seize $61 million in Iranian oil proceeds it says were laundered through Binance trading accounts. Two Hong Kong-registered firms, Blessed Trust and Hexa Whale, allegedly moved over $1.5 billion to Iran-linked networks, raising new questions about Binance's court-ordered compliance monitors.

BREAKING: U.S. Department of Justice Issues Statement on Binance and Iran

The US Department of Justice (DOJ) has filed a lawsuit seeking the seizure of approximately $61 million worth of cryptocurrency allegedly linked to the Iranian government and the Iranian Revolutionary Guard Corps (IRGC), claiming that proceeds from the black...