Binance Claps Back At Senator Blumenthal’s Allegations, Denouncing False Claims
Senator Blumenthal sent a congressional inquiry to Binance regarding reports that the exchange enabled Iranian money laundering and sanctions violations.
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Senator Blumenthal sent a congressional inquiry to Binance regarding reports that the exchange enabled Iranian money laundering and sanctions violations.
Binance issued a formal response to Senator Richard Blumenthal, denying allegations that the crypto exchange enabled $1.7 billion in Iranian sanctions violations. The company labeled reports cited by the senator as "false and defamatory," maintaining that its compliance and KYC protocols are strictly enforced.
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