Binance Faces Probe Over Iran Sanctions Evasion

Federal prosecutors are probing whether Binance allowed Iran to evade U.S. sanctions by trading on its exchange, according to a report.

The probe follows broader U.S. action in 2026, including Treasury freezes of Iranian crypto and the designation of BitBank under Operation Economic Outcast.

Binance's earlier $4.3 billion U.S. settlement underscores increased regulatory, compliance, and market risk for crypto and centralized exchanges.

The investigation centers on whether Binance knowingly allowed Iran-linked entities to trade on its platform.