U.S. DOJ Investigates Binance for Sanctions Violations

The U.S. Department of Justice has resumed its investigation into the activities of cryptocurrency exchange Binance. Regulators are determining whether the company violated the terms of the 2023 settlement agreement.

The investigation focuses on potential violations of sanctions imposed against Iran. American authorities are checking whether the platform was used to circumvent restrictions.

Key aspects of the review include:

• Analysis of compliance with the 2023 settlement agreement
• Review of transactions for links to Iran
• Assessment of the exchange's anti-money laundering compliance measures