The U.S. Treasury Department is squeezing Binance again, and this time the screws are turning over Iran. According to a report from The Information, federal officials have privately demanded the world's largest crypto exchange fully comply with the monitoring program imposed on it after its 2023 guilty plea, after fresh evidence allegedly surfaced that more than a billion dollars in crypto moved through Binance to Iran-linked entities.
What Treasury is Alleging
Investigators on Binance's own compliance team allegedly uncovered transactions worth over $1 billion routed to entities tied to Iran between March 2024 and August 2025. Treasury officials say those flows represent potential violations of U.S. sanctions, and they want Binance's independent monitors, the ones installed as part of the company's $4.3 billion 2023 settleme...
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