The US Department of Justice is reviewing whether Binance has breached a landmark settlement agreement with the US government, while the authorities are investigating whether related activities on the platform may violate sanctions against Iran. Tysen Duva, head of the US Department of Justice's Criminal Division, said in an interview this week that officials are reviewing Binance's compliance with its 2023 agreement. Duva declined to discuss the circumstances and did not say Binance had breached the settlement agreement. Under the agreement, Binance agreed to pay a $4.3 billion fine, admitted violating relevant banking regulations, and subject to stricter compliance controls.
Zhitongcaijing · 1d ago
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The US Department of Justice is reviewing whether Binance has breached a landmark settlement agreement with the US government, while the authorities are investigating whether related activities on the platform may violate sanctions against Iran. Tysen Duva, head of the US Department of Justice's Criminal Division, said in an interview this week that officials are reviewing Binance's compliance with its 2023 agreement. Duva declined to discuss the circumstances and did not say Binance had breached the settlement agreement. Under the agreement, Binance agreed to pay a $4.3 billion fine, admitted violating relevant banking regulations, and subject to stricter compliance controls.
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