Senator Blumenthal Launches Senate Probe Into Binance Over Alleged $1.7B Sanctions Breach
A senior U.S. lawmaker has opened a formal Senate investigation into Binance following reports that the crypto exchange processed nearly $1.7 billion in transactions tied to sanctioned Iranian entities and Russia’s so-called “shadow fleet.” Richard Blumenthal announced the inquiry this week, escalating scrutiny of the world’s largest cryptocurrency exchange amid ...
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