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DOJ Probes Binance for Iran Sanctions Bypass Amid Bitcoin Surge

3/14/2026

Center

DOJ Investigates Binance

The U.S. Department of Justice (DOJ) is investigating whether Iran used Binance to bypass sanctions, linked to over $1 billion in suspicious transactions.
Binance denies direct dealings with sanctioned entities and sues The Wall Street Journal for defamation.
Bitcoin has surged 7% since the February 28 strikes, outperforming gold.
Analysts attribute the rise to crypto’s 24/7 trading and President Donald Trump’s remarks that the war may be nearing end.

Right

Iran's Cyber Operations

A cyber intelligence report links Iran's Islamic Revolutionary Guard Corps (IRGC) cryptocurrency infrastructure to its internet blackout after February 28 strikes.
Omri Raiter, CEO of RAKIA, notes over $3 billion flowed to IRGC-linked wallets in 2025.
The report says the activity supports proxy operations and regime affiliates' wealth protection.
The Tehran-Qom corridor hosts over 1,100 nodes despite the shutdown, and the Iranian mission to the United Nations did not comment.

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DOJ Investigates Binance

The U.S. Department of Justice (DOJ) is investigating whether Iran used Binance to bypass sanctions, linked to over $1 billion in suspicious transactions.
Binance denies direct dealings with sanctioned entities and sues The Wall Street Journal for defamation.
Bitcoin has surged 7% since the February 28 strikes, outperforming gold.
Analysts attribute the rise to crypto’s 24/7 trading and President Donald Trump’s remarks that the war may be nearing end.

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