Binance slams $1.7bn Iran probe from US Senators, calls reports ‘defamatory’
Senator Blumenthal is leading a Senate investigation into allegations that Binance laundered $1.7 billion for Iranian entities.

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tl;dr
Binance's legal team has rejected a probe by US Senators led by Richard Blumenthal, calling allegations of Iranian money laundering "defamatory." The investigation follows media reports that the exchange bypassed sanctions, occurring just years after a $4.3 billion DOJ settlement.
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RBRichard BlumenthalD-Connecticut
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