U.S. federal prosecutors are investigating whether Binance knowingly allowed transactions that may have violated sanctions against Iran, Bloomberg reported on Sept. 22, 2026, citing people familiar with the matter. The probe, handled by the U.S. Attorney’s Office in Manhattan and the Justice Department’s Criminal Division, could end without charges being filed.

According to one source cited in the report, law enforcement authorities are seeking to determine whether Binance knowingly permitted the transactions. It remains unclear which specific transactions drew scrutiny from Manhattan federal prosecutors.

Representatives of the Justice Department and the U.S. Attorney’s Office in Manhattan declined to comment.

Binance said it maintains a zero-tolerance policy toward sanctions violations.

“We fully cooperate with law enforcement and remain committed to identifying and blocking bad actors,” the company said in a statement.

Previous Iran-related enforcement action

U.S. law enforcement authorities previously began proceedings to seize about $61 million in digital assets that the U.S. Attorney’s Office for the Southern District of New York linked to sanctions evasion and illicit trade in Iranian oil.

Investigators said funds obtained from smuggling petroleum products were intended to finance the Iranian government and its military structures, including the Islamic Revolutionary Guard Corps.

Separately, TRM Labs accused crypto exchange CoinEx of ties to the Central Bank of Iran in an article published on June 25, 2026.

Source: Incrypted