PANews
PANews|Oct 09, 2026 22:52
[Bloomberg: U.S. Department of Justice Investigating Binance's Compliance with 2023 Settlement Agreement] According to Bloomberg, the U.S. Department of Justice is investigating whether Binance has adhered to its 2023 settlement agreement with U.S. authorities, focusing on transactions that may have violated U.S. sanctions against Iran after the settlement. This includes whether Binance knowingly allowed transactions that its system should have intercepted. The investigation is being led by the Manhattan U.S. Attorney's Office and the Justice Department's Criminal Division, involving a Hong Kong entity accused of facilitating the transfer of proceeds from Iranian oil sales. Binance responded by stating it has zero tolerance for sanction violations. Previously, in 2023, Binance pleaded guilty and agreed to pay over $4.3 billion in forfeiture, while also accepting compliance monitoring.
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