U.S. Treasury Demands Binance Comply With Court Monitorship Amid Probe of $1B Iran-Linked Crypto Flows

The U.S. Department of the Treasury sent a formal letter to Binance demanding compliance with a court‑imposed monitoring agreement, a development reported by The Information and summarized in trade coverage ^{[1] [2]}.

Reporting says the letter was prompted by concerns over potential sanctions‑related flows to Iran, with some reports citing more than $1 billion in cryptocurrency that moved through Binance to entities linked to Iran; the correspondence reportedly reminded Binance of its obligation to provide records and documents in a timely manner and named Treasury official Gene Lange of the Office of Terrorism and Financial Intelligence ^{[3] [4]}.

The move intensifies scrutiny on the exchange as its U.S. monitorship remains in focus and regulators continue to review whether Binance complied with oversight and sanctions requirements ^{[1] [3]}.

Binance faces renewed Treasury scrutiny and a direct demand to comply with monitoring terms while investigations into Iran‑linked flows proceed, according to reporting ^{[1] [3]}.