Cryptocurrency

Iran-Linked Transactions on Binance: Co-CEO Declares ‘Zero Tolerance’ for Sanctions Violations as DOJ Seeks $61 Million Crypto Forfeiture

Sep 16, 2026 · 04:16 AM ET· updated 31m ago

Binance Co-CEO Richard Teng said on Tuesday, September 15, that the company holds "zero tolerance" for sanctions violations after the DOJ sought forfeiture of $61 million in cryptocurrency tied to Iran-related deals on the exchange.

Why It Matters

Binance says it will not allow banned country transactions. When companies face legal trouble, watch if they fix problems or face bigger penalties.

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Tickers in Play

X:BNBUSD721.12

-5.52 (-0.76%)

X:ZECUSD1,092.87

-43.42 (-3.82%)

Last session drawn · prints held ~15 minutes · licensed exchange data

Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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