US Prosecutors Probe Binance Over Iran Sanctions

US federal prosecutors are investigating Binance regarding potential trading activity that violated US sanctions against Iran. Binance stated it maintains a zero-tolerance approach to sanctions violations and cooperates fully with law enforcement authorities.

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Binance logo and stock graph are displayed in this illustration taken, June 28, 2021. REUTERS/Dado Ruvic/Illustration

Federal prosecutors in the United States are investigating Binance over potential violations of economic sanctions targeting Iran through platform trading activity, a person familiar with the matter said on a September evening.

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