Regulation· ★★★★· bearish·

WSJ: $850M flowed through 21 Binance accounts tied to Zanjani network, $67M to IRGC wallets

  • —About $850M moved through 21 Binance accounts tied to Zanjani's network over two years
  • —At least $67M was withdrawn to wallets linked to the IRGC
  • —Zedcex accounts alone accounted for $830M, with $56M sent to IRGC-linked wallets
  • —The 80-page report was compiled by Binance in April at the request of UAE authorities
Why it matters: Fresh compliance scrutiny over Iran could intensify regulatory pressure on Binance, the world's largest exchange.
Source: TokenPost
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