🚨NEW: Eleven Senate Banking Dems including @SenWarren, @MarkWarner, @CortezMasto, @Sen_Alsobrooks and @SenRubenGallego sent a letter to @PamBondi and @SecScottBessent urging DOJ and Treasury to investigate @binance over media reports of illicit finance activity, including alleged Iran-linked flows, warning the exchange may be violating its 2023 settlement. The settlement, in part, required Binance to implement sweeping compliance reforms under U.S. supervision. Lawmakers also point to Binance’s growing business ties to President Trump’s crypto ventures and his pardon of founder @cz_binance, calling for a “thorough, impartial” probe.(Eleanor Terrett)