WSJ reports Binance moved about $850M for Iran sanctions network tied to IRGC; Binance denies

The Wall Street Journal reports that Binance moved about $850 million in trades for an Iran sanctions network tied to the IRGC, allegedly linked to sanctioned financier Babak Zanjani, over about two years. Binance's own compliance flagged the activity, but the exchange disputes the report. The report comes amid US sanctions targeting Iranian oil exports and financial channels.

Detected & updated continuously · Source: Nebula