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US Department of Justice investigates possible use of Binance to circumvent sanctions by Iran

11 Mar, 2026byDropsCapital
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US authorities are investigating crypto transactions that may have passed through the exchange and been linked to Iranian entities.

Key details:

  • Investigators are analyzing transactions worth approximately $1.7 billion that may be linked to Iranian intermediaries.
  • The investigation materials mention more than 1,500 accounts allegedly linked to Iran.
  • Some of the transactions may have been conducted through intermediary companies in Hong Kong.
  • Some transactions may have been linked to IRGC entities.
Continue reading this article on source: wsj.com