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U.S. Seizes Crypto Allegedly from Iranian Sales

Updated 2026-09-15 07:25 UTC 1 source Negative

The U.S. is seeking to seize $61 million in crypto it claims are proceeds from Iranian petroleum sales to Chinese buyers, alleging use of Binance for laundering.

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CNBC

U.S. seeks to seize $61 million of crypto it claims are proceeds from Iranian petroleum sales to Chinese buyers

Two Chinese companies, are alleged to have used trading accounts in Binance to launder the illicit proceeds and funnel the funds to Tehran or its proxies.

2026-09-15 07:05 UTC