Binance Faces Fresh DOJ Scrutiny Over Iran-Linked Transfers

TLDR: DOJ examines Binance transactions linked to Iran-backed networks exceeding $1 billion.  Binance denies knowingly transacting with sanctioned entities, citing strong compliance.  Internal reports claimed compliance staff were dismissed after uncovering suspicious activity.  Binance froze hundreds of millions in illicit funds while cooperating with regulators. The DOJ investigating Iran’s use of Binance to evade sanctions [...]

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