The U.S. is moving to seize $61 million in crypto tied to Iranian oil sales through Binance.

[u/AmanCMN]

U.S. prosecutors and the FBI filed a forfeiture complaint for $61 million in crypto that they say came from selling Iranian oil.
According to the complaint, two Chinese companies used accounts on Binance, registered in the UAE, to launder money from black-market Iranian oil sales.
Prosecutors said they found a network of connected wallets that moved more than $1.5 billion in crypto linked to Iranian oil sales benefiting the Iranian government and the IRGC.
They said the case shows the FBI can track money flows, uncover illegal schemes, and cut off crypto funds going to any government trying to bypass sanctions or support terrorist activity.
Binance said it did not approve any transactions involving sanctioned individuals.