Binance Under Investigation for Alleged Iran Sanctions Violations

WHO:

Cointelegraph - The investigation involves Binance and U.S. prosecutors.

IJR - Two Chinese entities are implicated in the investigation.

WHAT:

Cointelegraph - The investigation is examining whether Binance knowingly allowed trading that violated U.S. sanctions on Iran.

IJR - U.S. prosecutors are examining whether Binance breached sanctions related to Iran and are pursuing a parallel civil action seeking about $61 million tied to Iranian oil sales.

IJR - Binance has denied any wrongdoing.

WHERE:

Cointelegraph - The investigation is being led by the Manhattan U.S. Attorney's office.

WHEN:

IJR - The probe follows a settlement that occurred in 2023.

WHY:

IJR - The investigation is part of ongoing scrutiny of Binance's sanctions compliance.

HOW:

IJR - The investigation is examining trading activities related to Iran and the compliance of Binance with U.S. sanctions.

(UPDATED September 22, 2026 10:58 UTC)

U.S. prosecutors are investigating Binance for allegedly allowing trading that violated U.S. sanctions on Iran, with the Manhattan U.S. Attorney's office leading the probe. The inquiry also involves two Chinese entities and includes a parallel civil action seeking approximately $61 million linked to Iranian oil sales. Binance has denied any wrongdoing as scrutiny of its sanctions compliance continues.