U.S. prosecutors are seeking the forfeiture of about $61 million in Tether's USDT allegedly linked to black-market Iranian crude oil and petroleum sales. The U.S. Attorney's Office for the Southern District of New York filed a civil forfeiture complaint on Sept. 14 targeting tokens held in 10 addresses on the TRON blockchain. Prosecutors allege the funds were intended to benefit Iran's government and military organizations, including the Islamic Revolutionary Guard Corps, which the U.S. designates as a foreign terrorist organization. The complaint alleges a wider network, known as Entity A, received and distributed more than $1.5 billion in illicit oil-sale proceeds. Blessed Trust and Hexa Whale allegedly used Binance trading accounts to help launder the proceeds and obscure their origins. Binance is not accused of wrongdoing in the case. Co-CEO Richard Teng said the exchange has zero tolerance for sanctions violations, will investigate, restrict or freeze accounts where sanctions or illicit-finance risks are identified, and will cooperate with law enforcement. Binance has said it removed Hexa Whale in August 2025 and disabled Blessed Trust in January. Tether is expected to burn the targeted tokens and issue replacement tokens for transfer into U.S. government custody if the government obtains a forfeiture judgment.