US DOJ probes Binance over compliance with 2023 settlement
- —The probe is run by the Manhattan US Attorney's Office and the DOJ Criminal Division in Washington
- —In September prosecutors sought forfeiture of $61 million in crypto tied to Iranian oil sales
- —Binance pleaded guilty in 2023 and paid $4.3 billion under the settlement
- —Binance says 1,500 employees, about a quarter of its staff, handle compliance
Why it matters: Fresh lawsuits and multibillion-dollar fines could hit the world's largest exchange and weigh on the broader market.
Source: Bits.media