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Home BlockchainDemocrat Senator Launches $1.7B Iran Sanctions Probe Into Binance
Blockchain

Democrat Senator Launches $1.7B Iran Sanctions Probe Into Binance

by Decrypt
written by Decrypt 0 comments
Democrat Senator Launches $1.7B Iran Sanctions Probe Into Binance

In brief

  • Senator Richard Blumenthal has opened an investigation into alleged sanctions violations at Binance.
  • A Wall Street Journal report claimed that $1.7 billion flowed from Binance accounts to Iran-linked entities.
  • Binance has denied wrongdoing and accused the WSJ of defamatory reporting.

U.S. Senator Richard Blumenthal (D-Conn), the top Democrat on the Senate Permanent Subcommittee on Investigations, has opened a preliminary inquiry into Binance following reports that the cryptocurrency exchange…

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