Iran-Linked Transactions on Binance: Co-CEO Declares ‘Zero Tolerance’ for Sanctions Violations as DOJ Seeks $61 Million Crypto Forfeiture
Binance (CRYPTO: BNB) Co-CEO Richard Teng said Tuesday that the cryptocurrency exchange has "zero tolerance" for sanctions violations after the U.S. Justice Department sought forfeiture of approximately $61 million in cryptocurrency that prosecutors allege was tied to proceeds from black-market sales of sanctioned Iran