{"id":78394,"date":"2023-05-06T01:34:54","date_gmt":"2023-05-05T22:34:54","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=78394"},"modified":"2025-09-11T04:48:03","modified_gmt":"2025-09-11T01:48:03","slug":"bloomberg-u-s-doj-investigates-binance-over-sanctions-violations-tied-to-russia","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bloomberg-u-s-doj-investigates-binance-over-sanctions-violations-tied-to-russia\/","title":{"rendered":"Bloomberg: U.S. DOJ investigates Binance over sanctions violations tied to Russia"},"content":{"rendered":"<p>The U.S. Department of Justice&#8217;s National Security Division has opened an investigation into the parent company Binance Holdings Ltd. over possible sanctions violations related to Russia. Bloomberg, citing several anonymous sources, reports this.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>NEW: The Justice Department is investigating whether Binance was used illegally to let Russians skirt US sanctions and move money through the world\u2019s biggest cryptocurrency exchange <a href=\"https:\/\/t.co\/namWt0yo5g\">https:\/\/t.co\/namWt0yo5g<\/a>\u2014 Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1654579148378062851?ref_src=twsrc%5Etfw\">May 5, 2023<\/a><\/p>\n<\/blockquote>\n<p>The investigation aims to determine whether Binance officials or entities allowed Russians to circumvent U.S. sanctions and move money through its trading platform.<\/p>\n<p>The publication states that, at present, neither the exchange nor its executives have been charged with wrongdoing.<\/p>\n<p>Binance has previously said that it fully complies with all U.S. and other international sanctions.<\/p>\n<p>In a conversation with ForkLog, a Binance spokesperson declined to comment.<\/p>\n<p>In March, <a href=\"https:\/\/u1f987.com\/en\/news\/binance-bans-russians-from-p2p-operations-in-dollars-and-euros\">banned Russians from P2P operations<\/a> in dollars and euros. These restrictions remain in place.<\/p>\n<p>In April, media <a href=\"https:\/\/u1f987.com\/en\/news\/binance-comments-on-removal-of-e10000-deposit-limits-for-russian-accounts\">information emerged<\/a> about the removal of the \u20ac10 000 deposit limit for accounts of Russian users of the exchange, which had been introduced the previous year as part of the EU\u2019s fifth sanctions package.<\/p>\n<p>In the same month the platform <a href=\"https:\/\/u1f987.com\/en\/news\/binance-reinstates-support-for-card-transactions-issued-by-russian-banks\">reinstated<\/a> support for transactions with cards issued by Russian banks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Department of Justice has opened an investigation into the parent company Binance Holdings Ltd. over possible sanctions violations related to Russia.<\/p>\n","protected":false},"author":1,"featured_media":78395,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,1323,686,26],"class_list":["post-78394","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-investigations","tag-sanctions","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/78394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=78394"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/78394\/revisions"}],"predecessor-version":[{"id":78396,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/78394\/revisions\/78396"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/78395"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=78394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=78394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=78394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}