U.S. Department of Justice Probes Binance Again Over Iran-Linked Crypto Flows

The report says the renewed scrutiny follows Binance’s $4.3 billion settlement and mentions a pardon for former chief executive Changpeng Zhao.

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Terms & Concepts
  • Binance: A major cryptocurrency exchange where users trade digital assets and access related services.
  • Crypto flows: Movements of digital assets between users, platforms, or jurisdictions on blockchain networks.
  • U.S. Department of Justice: The main U.S. federal law enforcement department, responsible for criminal investigations and prosecutions.