Binance reportedly associated with an alleged Iran-linked crypto network tied to military financing and money laundering.

Binance reportedly associated with an alleged Iran-linked crypto network tied to military financing and money laundering.

The crypto transactions took place despite repeated red flags. Binance says it has “zero-tolerance for illicit activity.” | World News

WSJ reported Iranian financier Babak Zanjani allegedly moved $850 million through Binance, which CEO Richard Teng said was mischaracterized.