Binance told a U.S. Senate investigation that an internal review found no evidence of direct transactions between accounts on its platform and Iranian entities, pushing back against allegations that $1.7 billion in cryptocurrency moved through the exchange to Iran-linked groups. In a March 6 letter to the Permanent Subcommittee on Investigations, chaired by Sen. Richard Blumenthal of Connecticut, Binance said its internal review identified only indirect exposure to wallets that may have had links to Iran. According to the exchange, accounts tied to those interactions were later removed from the platform. The response ... (full story)