Categories: Payment system news

US Senator Investigates Binance Over Alleged $1.7 Billion Moving To Sanctioned Iranian Entities

Richard Blumenthal, the leading Democrat on a Senate Homeland Security investigative panel, has initiated an investigation into Binance after reports raised concerns about potential sanctions violations by the crypto giant. Blumenthal, a Connecticut senator, sent a formal letter to Binance seeking clarification on the alleged $1.7 billion in transfers from platform accounts to organizations linked […]

superadmin

Recent Posts

$600,000 USDC on the Line: Deribit and SignalPlus Launch The Island Trading Competition

Deribit by Coinbase, via its broker-dealer DRB Panama Inc., and SignalPlus, a leading provider of…

3 hours ago

Memecoins Abandoned: Holders at All-Time Low as Dominance Drops to 3.7%

The memecoin economy is under considerable stress amid a major downturn in the larger cryptocurrency…

18 hours ago

‪Is Solana Gearing Up To Flip XRP? Fresh Market Data Tells An Interesting Story

Speculation is mounting in the crypto community over whether Solana (SOL) has the momentum to…

18 hours ago

XRP Network Activity Skyrockets As Daily Active Addresses Jump 72% in Two Weeks

XRP remained largely range-bound on Saturday despite high market liquidity, failing to establish a clear…

2 days ago

Strategy CEO Compares Firm to Amazon and Tesla, Says Crises Define Great Companies

Strategy CEO Phong Le believes that periods of turmoil, rather than bull markets, are what…

2 days ago

Bitcoin Enters Final Selling Phase, Here’s What Might Happen Next

Bitcoin appears to be entering the final stages of its recent downtrend, according to market…

2 days ago