DOJ Examines Whether Binance Breached 2023 Settlement Amid Iran Sanctions Probe The U.S. Department of Justice is reviewing whether Binance breached its 2023 settlement amid an investigation into potential violations of Iran sanctions, Bloomberg reported. Federal prosecutors sought to seize $61 million allegedly linked to Iranian oil sales and laundered through Binance. A breach could expose Binance to renewed criminal prosecution and billions in additional fines. No wrongdoing has been alleged against Binance or its employees in the current probe. Binance said it continues to strengthen compliance controls and cooperate with law enforcement.