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U.S. senator launches inquiry into Binance’s alleged sanctions violations – TON BOT

U.S. senator launches inquiry into Binance’s alleged sanctions violations

U.S. Senator Richard Blumenthal launched a Senate inquiry into Binance over allegations that the cryptocurrency exchange processed $1.7 billion in transactions related to sanctioned Iranian entities and Russian oil tankers. Blumenthal demanded documents regarding compliance practices and the treatment of internal investigators who raised concerns about suspicious accounts. Binance denied wrongdoing and stated that it has reduced its exposure to sanctioned entities.


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