NewsHK
The US Attorney's Office for the Southern District of New York filed a civil forfeiture complaint on September 14 seeking to seize $61 million in cryptocurrency.
Prosecutors allege the funds are tied to Binance trading accounts and black market sales of Iranian oil.
The complaint identifies Blessed Trust and Hexa Whale, two China-based firms, as holding the trading accounts through which the funds moved before allegedly reaching Iran's Islamic Revolutionary Guard Corps (IRGC).
The IRGC is a US-designated terrorist organization.
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