U.S. Department of Justice Investigates Binance for Alleged Sanctions Evasion by Iran

Was the Termination of an Internal Investigation the Trigger? The Wall Street Journal reported on March 11 that the U.S. Department of Justice (DOJ) has begun investigating allegations that Iran used Binance to circumvent U.S. sanctions. The report, based on internal documents and testimonies from multiple informed sources, indicates that DOJ officials are already conducting interviews and collecting evidence from individuals knowledgeable about transactions related to Iran. The focus of the issue is on cryptocurrency transactions exceeding one billion dollars facilitated through Binance for the benefit of Iran...