MARKETS
Cryptocurrency

Iranian Network Reportedly Used Binance to Move $850M in Funds: WSJ

Oct 9, 2026 · 09:47 AM ET· updated 1h ago
Iranian Network Reportedly Used Binance to Move $850M in Funds: WSJ

Binance reportedly processed $850 million through an Iranian network tied to sanctioned financier Babak Zanjani and IRGC-linked wallets, but disputes the claims.

Share
Why It Matters

Binance, a big cryptocurrency company, may have moved money for people from Iran. This shows how hard it is to stop bad actors from using crypto platforms.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.

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

Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.