| Mobile Web

Binance back in spotlight over suspected Iran sanctions breaches as U.S. prosecutors probe

Binance is under investigation by U.S. federal prosecutors over possible violations of sanctions against Iran. The probe is led by the Manhattan U.S. attorney’s office, with the Justice Department’s criminal division also reviewing the matter. Authorities are examining whether Binance overlooked certain transactions and are reviewing the company’s compliance system. The scrutiny follows a 2023 settlement in which Binance admitted violations and paid about $4.3 billion in penalties.