Sen. Blumenthal probes Binance over alleged $1.7 billion in crypto Iran-linked transactions
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A US senator is investigating Binance over allegations of crypto transactions linked to Iran, reportedly totaling $1.7 billion. The senator has also pressed the DOJ and Treasury for information on the status of monitors related to Binance. Binance has responded to the probe, denying sanctions breach claims and stating that it has cut its exposure to sanctioned entities, with one report noting that no accounts sent crypto directly to Iran.
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