US Justice Department: millions from Iranian oil laundered through Binance
- —The US Justice Department accuses Binance of laundering funds from Iranian oil
- —The case involves millions of dollars moved in circumvention of US sanctions
- —The Justice Department previously filed a suit to seize $61 million in crypto tied to Iran and Binance
Why it matters: The new Justice Department claims intensify regulatory pressure on Binance and raise risks for the exchange and the broader market.
Source: Google News (crypto query)