U.S. lawmakers call for a robust DOJ probe into Binance, warning the crypto exchange’s alleged facilitation of transactions linked to Iran and its proxies constitutes a serious sanctions and FC risk

In a joint statement, Senators Chris Van Hollen, Elizabeth Warren and Ruben Gallego cite reports that Binance may have enabled billions of dollars in transactions tied to Iran and affiliated terrorist networks, raising concerns about sanctions evasion and national-security risks. They commit to monitoring the Department of Justice’s probe to ensure rigorous enforcement and accountability, highlighting broader concerns that crypto platforms may prioritise growth over compliance and expose the financial system to illicit-finance threats…