US Senator Blumenthal Questions Binance's Honesty About Transactions With Iran
Published on April 3, 2026.
US Senator Blumenthal has questioned Binance's honesty about its transactions with Iran, alleging potential misleading information provided to Congress regarding these transactions. The Senator demands documents supporting Binance’s claims of limited transactions with Iranian entities. This comes after Bitcoin experienced its worst quarterly performance since early 2018, dropping 22% year-to-date. Riot Blockchain sold over $250 million worth of Bitcoin in Q1, reducing its holdings to 15,680 BTC valued at $1.05. The Ethereum Foundation has staked over 45,000 ETH, nearing its 70,000 Ether target, and Cambodia has passed a draft law imposing severe penalties on online scam operations involving crypto. Changes are being made on Elon Musk's social media platform, X, to combat crypto scams.
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