Congress continues to probe Iran’s use of Binance. Sen. Richard Blumenthal (D-Conn.) sent out letters on Friday asking for details on the status of two monitors assigned to oversee the world’s largest crypto exchange and its compliance operations.
“I am writing with concern over mounting allegations of dangerously lax anti-money-laundering prevention by Binance,” said Blumenthal, in the letters sent to the Justice Department and the U.S. Treasury’s Financial Crimes Enforcement Network.
