Binance used to launder illegal oil money, U.S. alleges

MonitoringPolicyLegal caseFirst tracked 2026-09-15Last changed 2026-09-15

Current outcome

US prosecutors filed a civil forfeiture complaint to seize roughly 61.2 million USDT across 10 Tron addresses allegedly linked to a $1.5 billion Iranian oil network, with Tether already freezing several addresses and Binance named but not accused of wrongdoing.

Progress timeline

2 material updates

#0109.15
Initial2026-09-15 18:04 · publication time
Binance used to launder illegal oil money, U.S. alleges - Investment Executive
U.S. authorities allege that Binance was used to launder money tied to illegal oil sales, adding to the exchange's mounting legal and regulatory scrutiny.
Source evidence: Investment Executive
#0209.15
Confirmation2026-09-15 23:00 · publication time
Tether, Binance and a $1.5 billion Iran oil network converge in new US forfeiture case
US prosecutors filed a civil forfeiture complaint to seize roughly 61.2 million USDT across 10 Tron addresses allegedly linked to a $1.5 billion Iranian oil network, with Tether already freezing several addresses and Binance named but not accused of wrongdoing.
Source evidence: CryptoSlate

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