The US Department of Justice is checking whether Binance Holdings Inc. has violated this landmark US government settlement; regulators are also investigating the platform's trading activities, suspecting violations of Iran's sanctions. The Manhattan Federal Attorney's Office applied for the seizure of $61 million, claiming that the funds came from Iran's black market oil sales and completed money laundering through Binance. Once it is determined that Binance has violated the settlement agreement, criminal charges settled through this agreement can be re-prosecuted, and Binance may face restart charges and additional fines.

Zhitongcaijing · 1d ago
The US Department of Justice is checking whether Binance Holdings Inc. has violated this landmark US government settlement; regulators are also investigating the platform's trading activities, suspecting violations of Iran's sanctions. The Manhattan Federal Attorney's Office applied for the seizure of $61 million, claiming that the funds came from Iran's black market oil sales and completed money laundering through Binance. Once it is determined that Binance has violated the settlement agreement, criminal charges settled through this agreement can be re-prosecuted, and Binance may face restart charges and additional fines.