Binance is facing a new investigation by the U.S. Department of Justice over potential violations of Iran sanctions rules, according to Techub News, which cited CoinGape. The update points to renewed regulatory and legal scrutiny around the exchange, though no additional case details were disclosed in the brief. Earlier, Binance co-CEO Richard Teng had publicly addressed a civil forfeiture case tied to the exchange. In that statement, he said he was keeping his distance from the matter and stressed that Binance maintains zero tolerance for sanctions breaches or other illegal activity. The report does not provide further information on the scope of the DOJ inquiry, possible enforcement steps, or any timeline for the case. As presented in the source brief, the key development is that Binance is again under review by U.S. authorities over possible Iran sanctions issues, while company leadership has reiterated its stated stance against sanctions violations and unlawful conduct.
Binance is facing a fresh investigation by the U.S. Department of Justice over possible violations of Iran sanctions rules, according to Techub News, citing CoinGape.
Earlier, Binance co-CEO Richard Teng publicly commented on a civil forfeiture case related to the exchange. He said he was keeping his distance from that matter and stressed that Binance has zero tolerance for sanctions violations or illegal activity.
No further details were disclosed in the source brief.
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