Manhattan prosecutors seek to seize $61M tied to Binance and Iran sanctions
- —The complaint was filed on September 14 against Blessed Trust and Hexa Whale Trading
- —Hexa Whale processed about $490 million in volume; Blessed Trust about $1.2 billion
- —Prosecutors say the broader scheme funneled over $1.5 billion in illicit oil proceeds
- —Binance offboarded Hexa Whale in August 2025 and Blessed Trust in January 2026
Why it matters: The action adds pressure on Binance after its $4.3 billion 2023 penalty and renews scrutiny of sanctions compliance at major exchanges.
Source: Crypto Briefing