tldr; Binance is under scrutiny after reports revealed it facilitated up to $1.7 billion in crypto transactions linked to Iranian entities, despite sanctions. Investigators found compliance failures, including ties to risky partners and accounts linked to Iran’s Revolutionary Guards and Russia’s oil fleet. Crypto money laundering surged to $82 billion in 2025, prompting regulatory action. Senator Richard Blumenthal has launched a Senate inquiry, demanding Binance’s internal records and accountability for its role in enabling sanctioned activities.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Urc0mp on
Cz about to get unpardoned.
Available-Designer66 on
well, this was one of the purposes crypto was meant for.
partymsl on
Binance gonna get into some real trouble soon.
Their fall won’t be crypto-related, but the fact that they are an active sponsor of terrorism.
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tldr; Binance is under scrutiny after reports revealed it facilitated up to $1.7 billion in crypto transactions linked to Iranian entities, despite sanctions. Investigators found compliance failures, including ties to risky partners and accounts linked to Iran’s Revolutionary Guards and Russia’s oil fleet. Crypto money laundering surged to $82 billion in 2025, prompting regulatory action. Senator Richard Blumenthal has launched a Senate inquiry, demanding Binance’s internal records and accountability for its role in enabling sanctioned activities.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Cz about to get unpardoned.
well, this was one of the purposes crypto was meant for.
Binance gonna get into some real trouble soon.
Their fall won’t be crypto-related, but the fact that they are an active sponsor of terrorism.