🔥 US regulatory FUD strikes Binance again—the investigation isn't over!
Per Bloomberg, federal prosecutors in Manhattan are digging back into the archives, investigating whether Binance turned a blind eye to transactions linked to Iran—a country currently hit with heavy US sanctions.
To recap, CZ previously took the L, pleaded guilty, and shelled out a record-breaking $4.3B fine for money laundering and sanctions violation charges.
👉 If they uncover fresh violations on top of that previous settlement, Binance could be facing a massive legal black swan event.
Honestly though, it makes sense. Binance single-handedly holds 60–70% of total market Long/Short liquidations at any given time—with that much control, getting targeted by FUD and regulators is just another Tuesday.