US Senator probes Binance over alleged Iran and Russia sanctions violations, raising fresh scrutiny of the world’s largest crypto exchange. Senator Richard Blumenthal, a senior Democrat from Connecticut, has opened an inquiry into Binance. The move centers on alleged crypto transfers linked to Iranian entities and Russia’s oil trade. Blumenthal sent a letter on February 24, 2026, to Binance CEO Richard Teng. He requested records and internal documents related to suspected sanctions breaches. Letter Seeks Details on Iran and Russia Links Blumenthal’s letter refers to reports from major media outlets. These reports ... (full story)