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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Binance slams $1.7bn Iran probe from US Senators, calls reports ‘defamatory’2 articles·2 sources
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tl;dr
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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RBRichard BlumenthalD-Connecticut
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