POPA ReconDOJ Moves to Seize $61M in Iranian Oil Crypto Laundered on Binance
DOJ Moves to Seize $61M in Iranian Oil Crypto Laundered on Binance US prosecutors moved to seize $61M laundered through Binance, cryptocurrency tied to sanctioned Iranian oil sales, the US Attorney's Office for the Southern District of New York said. The complaint alleges two China-based firms, Blessed Trust and Hexa Whale, used trading accounts on the UAE-based exchange to move oil proceeds. Blessed Trust posed as a digital-asset custody firm and Hexa Whale as a commodities broker, while their clients spanned China's oil and petroleum sector. A cluster of wallets prosecutors call "Entity A…
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