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US prosecutors probe Binance for alleged Iran sanctions violations
Asharq Al-Awsat·US · IR·1 day ago
Federal prosecutors in Manhattan and the Justice Department's criminal division are investigating whether Binance knowingly allowed trading activity that violated US sanctions on Iran. The probe, reported by Bloomberg, focuses on whether the exchange facilitated sanctioned transactions. This adds to Binance's existing legal troubles and could signal broader enforcement against crypto platforms for sanctions evasion.
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