Binance tells Senate probe no accounts sent crypto directly to Iran

Binance tells Senate probe no accounts sent crypto directly to Iran Crypto exchange pushed back on $1.7 billion Iran-linked flow allegations and called media reports behind the probe “defamatory.” What to know: - Binance told a U.S. Senate panel that an internal review found no evidence of direct transactions between its platform and Iranian entities, countering allegations that $1.7 billion in crypto flowed to Iran-linked groups. - In a March 6 letter to Sen. Richard Blumenthal’s Permanent Subcommittee on Investigations, Binance said it found only indirect exposure to potentially Iran-linked

Binance tells Senate probe no accounts sent crypto directly to Iran Crypto exchange pushed back on $1.7 billion Iran-linked flow allegations and called media reports behind the probe “defamatory.” What to know: - Binance told a U.S. Senate panel that an internal review found no evidence of direct transactions between its platform and Iranian entities, countering allegations that $1.7 billion in crypto flowed to Iran-linked groups. - In a March 6 letter to Sen. Richard Blumenthal’s Permanent Subcommittee on Investigations, Binance said it found only indirect exposure to potentially Iran-linked