Binance Officially Denies Violating Iran Sanctions, Claims Reports Are False

In an official response to U.S. Senator Richard Blumenthal on the 6th, major cryptocurrency exchange Binance refuted allegations made by the senator. The company argued that his criticism relies heavily on recent media reports that contain unfounded and defamatory claims. In February, Senator Blumenthal described Binance as a 'habitual offender' of sanctions violations, alleging that the exchange permitted transfers to entities in Iran, which are under economic sanctions...