Binance Responds to US Senate Inquiry on Iran Transactions

[chainsniff]

Binance has officially replied to a February inquiry from 11 US senators regarding alleged crypto transactions with Iranian entities. In its letter to Senators Richard Blumenthal and Ron Johnson, Binance called the reports from the Wall Street Journal, New York Times, and Fortune “demonstrably false” and “unsupported by credible evidence.”

The exchange stated that, to its knowledge, “no Binance account transacted directly with an Iran-based entity” and emphasized that the platform removed the mentioned entities, Hexa Whale and Blessed Trust, following a law enforcement inquiry.

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Binance denying allegations while citing law enforcement inquiries… this thread gonna be spicy