US prosecutors say Chinese groups used Binance to launder $61mn from Iranian oil deals

September 15, 2026

Financial Times: The justice department filed a forfeiture complaint seeking to seize the funds, which were sent through a network of digital wallets that received and distributed more than $1.5bn in proceeds from the illicit sale of Iranian oil, according to the US government. At least some of the funds were used to finance terrorism, prosecutors said…