- US federal prosecutors are investigating whether Binance violated sanctions on Iran by failing to prevent certain trading activity on its platform.
- Bloomberg News reported the probe on Monday, citing people familiar with the matter.
- The investigation adds US sanctions-enforcement and regulatory risk to Binance.
Quotes
“US federal prosecutors are investigating whether Binance violated sanctions on Iran by failing to prevent certain trading activity on its platform, Bloomberg News reported on Monday, citing people familiar with the matter.”