
Binance faces second probe over Iran-linked billions
US investigators want to know if Binance knowingly facilitated Iran's crypto-based illegal oil sales via two Chinese entities.
- neutral toward Binance · 82%

US investigators want to know if Binance knowingly facilitated Iran's crypto-based illegal oil sales via two Chinese entities.

Binance has invested $100 million in Circle, acquiring 1.24 million shares, while renewing a five-year partnership to expand USDC adoption across global markets.

Key crypto market updates for Sep. 22: Binance cuts 19 USDC pairs after a $100 million Circle deal, XRP cracks a five-week triangle, and SHIB's "Bull Combo" hits a wall.

The exchange also expanded its USDC partnership with Circle, agreeing to promote USDC on its platform under a five-year arrangement.

Circle sold Binance $100 million in stock and agreed to pay monthly incentives under an expanded five-year partnership promoting USDC.

Binance has invested $100 million in Circle Internet Group while entering a new five year commercial agreement that will pay the crypto exchange to promote USDC across its platform. According to a securities filing cited in reports published Tuesday, Circle…

The two sides closed an equity placement and a five-year commercial deal on the same day, with money moving in both directions.
Binance bought $100 million of Circle stock at $80.84 a share, a 14% discount, with a two-year lockup attached.


The potential deepening of Binance-Circle ties could reshape stablecoin market dynamics, intensifying competition with Tether's USDT.


Binance says it has a "zero-tolerance policy" for sanctions violations. Prosecutors are asking whether its 2023 compliance fixes held.

Binance allegedly fired internal investigators that first found the Iranian illicit flows on the platform

Claude AI Predicts Ethereum's next move as Binance withdrawals hit a three-year high and big ETF buyers return in force.

Upbit flagged SOPH for review and halted deposits, while Binance will remove seven USDC spot pairs on Sept. 25 over liquidity and volume.

Federal prosecutors are investigating whether Binance, the world’s largest crypto exchange, violated U.S. sanctions on Iran by knowingly allowing certain transactions to proceed on its platform. The probe is being led by the Manhattan U.S. Attorney’s Office, with the DOJ’s criminal division in Washington also involved. In addition, the specific
The incident highlights the vulnerability of centralized exchanges to operational issues, emphasizing the resilience of decentralized platforms.

Binance faces a U.S. federal probe over possible Iran sanctions violations as prosecutors review compliance controls and trading activity.

Ethereum is seeing stronger accumulation than Bitcoin, as Binance withdrawals reached three-year highs.

Binance has expanded access to its tokenized equity suite, allowing all eligible retail and institutional users to use tokenized stocks as collateral for futures and margin trading. Democratizing Cross-Margin Collateral Binance announced Sept. 21 that it is expanding collateral access for its tokenized equity suite, bstocks, enabling all eligible retail and institutional users to deploy […]