{"id":1421,"date":"2026-03-12T09:54:46","date_gmt":"2026-03-12T09:54:46","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=1421"},"modified":"2026-03-12T09:54:46","modified_gmt":"2026-03-12T09:54:46","slug":"binance-faces-doj-inquiry-over-possible-iran-sanctions-evasion-wsj","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/03\/12\/binance-faces-doj-inquiry-over-possible-iran-sanctions-evasion-wsj\/","title":{"rendered":"Binance Faces DOJ Inquiry Over Possible Iran Sanctions Evasion: WSJ"},"content":{"rendered":"\n
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Binance has denied the allegations and is reportedly suing the Wall Street Journal for defamation over an article published on February 23.<\/p>\n\n\n\n

According to a report by the Wall Street Journal, the US Department of Justice has launched an investigation to determine whether Iran may have used the world\u2019s largest cryptocurrency exchange to bypass American sanctions. The investigation comes amid ongoing conflict between the United States and Iran.<\/p>\n\n\n\n

The inquiry follows a recent request from several US Democratic senators, led by Richard Blumenthal, who urged the Department of Justice and the Treasury Department to examine whether wallets linked to Iran had been operating on Binance.<\/p>\n\n\n\n

Citing sources familiar with the matter, the Wall Street Journal reported that investigators have contacted individuals who may have knowledge of the suspected Iranian transactions. Authorities are conducting interviews and gathering information as part of the process.<\/p>\n\n\n\n

However, the report noted that it remains unclear whether the Justice Department is investigating Binance itself for wrongdoing or if the focus is only on users of the platform.<\/p>\n\n\n\n

Over the weekend, Binance strongly rejected the claims raised by the senators and described the media reports referenced in the Senate letter as false, unsubstantiated, and defamatory.<\/p>\n\n\n\n

The exchange stated that it operates an extensive compliance program supported by more than 1,500 specialists around the world, along with advanced monitoring systems designed to detect suspicious activity.<\/p>\n\n\n\n

The company also said that exposure to wallets connected to illicit activity has dropped by nearly 97 percent since early 2024. At the same time, Binance acknowledged that completely eliminating risk on public blockchains is impossible, though it relies on strict monitoring and controls to reduce potential threats.<\/p>\n\n\n\n

The renewed tensions involving the United States, Israel, and Iran have once again drawn attention to cryptocurrency activity. Early reports following the escalation indicated that crypto outflows surged by triple digit percentages, while on chain activity connected to Iran reached unusually high levels.<\/p>\n\n\n\n

Shortly after the report, additional updates indicated that Binance had taken legal action against the Wall Street Journal, filing a defamation lawsuit related to the February article.#crypto #cryptonews https:\/\/t.me\/coinsignalpublic<\/a> https:\/\/coinsignals.net<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Binance has denied the allegations and is reportedly suing the Wall Street Journal for defamation over an article published on February 23. According to a report...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1421","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/1421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=1421"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/1421\/revisions"}],"predecessor-version":[{"id":1423,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/1421\/revisions\/1423"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=1421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=1421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=1421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}