Senators to Monitor Apparent Probe of Alleged Sanctions Breaches at Crypto Exchange

Senators to Monitor Apparent Probe of Alleged Sanctions Breaches at Crypto Exchange

Three Democrats on the Senate Banking Committee said March 12 that they plan to scrutinize the DOJ's reported investigation into whether virtual currency exchange Binance is violating U.S. sanctions law. "We will conduct oversight to ensure...

Binance Faces Fresh Investigation Over Iran-Linked Crypto Activity

The Binance Iran probe has pushed the world’s largest cryptocurrency exchange back into regulatory scrutiny as U.S. authorities review whether Iran-linked crypto flows moved through networks tied to the platform despite recent compliance reforms. According to the source, the U.S. Department of Justice (DOJ) is investigating suspicious crypto transfers linked to Iranian entities, including more than $1 billion reportedly routed through Blessed Tr…