US Senator Investigates Binance Over Alleged $1.7 Billion Moving To Sanctioned Iranian Entities

Richard Blumenthal, the leading Democrat on a Senate Homeland Security investigative panel, has initiated an investigation into Binance after reports raised concerns about potential sanctions violations by the crypto giant. Blumenthal, a Connecticut senator, sent a formal letter to Binance seeking clarification on the alleged $1.7 billion in transfers from platform accounts to organizations linked […]...