U.S. Says $1.5B in Crypto Moved Via Binance to Iran's Military

Federal prosecutors allege several companies moved about $1.5 billion in cryptocurrency through Binance to Iran to fund its military. The allegation is in a forfeiture complaint — a legal filing to seize assets — seeking $61 million in crypto sent through linked wallets — digital accounts for holding crypto — some of which allegedly passed through the U.S. financial system.