Regulation· ★★★★· bearish·

WSJ: 21 Iran-linked accounts moved about $850M through Binance

  • —21 Iran-linked accounts processed about $850M on Binance
  • —At least $67M went to wallets tied to the IRGC
  • —One account received over $10M and logged connections from Tehran
  • —Binance says it banned the accounts and disputes the volume interpretation
Why it matters: The case raises US pressure on Binance and Asian crypto platforms over Iran sanctions compliance.
Source: CryptoActu