6 hours ago
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Where the case stands
What is known
- Federal prosecutors are reportedly examining possible Iran-sanctions violations.
- Authorities are reportedly asking whether Binance knowingly allowed certain trading.
- Binance remains subject to compliance obligations imposed after its 2023 settlement.
What remains unknown
- No new charges against Binance have been announced.
- The period and transactions covered by the inquiry are undisclosed.
- It is unclear whether this is a separate investigation or an expansion of earlier scrutiny.
The question is what Binance knew
US federal prosecutors are investigating whether Binance violated sanctions against Iran by failing to prevent certain trading activity, according to a Reuters report citing Bloomberg.
The Manhattan US Attorney’s Office is reportedly leading the inquiry, with the Justice Department’s criminal division also involved. Prosecutors are sai...
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