Blumenthal Seeks Answers on Binance Iran Sanctions Case

TLDR Sen. Richard Blumenthal sent letters to the DOJ and Treasury about Binance compliance oversight. He questioned the status of the independent monitor imposed under Binance’s 2023 settlement. Binance agreed to pay over $4 billion after pleading guilty to sanctions and money transmission violations. Reports allege Binance partners enabled trades linked to Iranian government entities. [...]

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