---
title: "US seeks $61 million in crypto linked to Iran oil sales"
publication: "MediaBias News"
url: "https://mediabias.news/business/us-seeks-61-million-in-crypto-linked-to-iran-oil-sales"
api: "https://mediabias.news/api/v1/stories/us-seeks-61-million-in-crypto-linked-to-iran-oil-sales"
markdown: "https://mediabias.news/business/us-seeks-61-million-in-crypto-linked-to-iran-oil-sales.md"
audio: "https://mediabias.news/api/audio/us-seeks-61-million-in-crypto-linked-to-iran-oil-sales"
category: "Business & Economy"
area: "Middle East"
published: "2026-09-15T15:25:29.185Z"
source_reported: "2026-09-15T15:10:02.066Z"
updated: "2026-09-15T15:25:29.185Z"
trust_score: 42
critic_score: 57
hype_score: 41
assessment_type: "coverage-and-source-reporting-analysis"
fact_check_status: "not-performed"
coverage_measured: "2026-09-16T14:20:47.746Z"
---

# US seeks $61 million in crypto linked to Iran oil sales

*Prosecutors allege funds were laundered through Binance by Chinese firms to finance Iran's government and military.*

**Scores for the source reporting** (0-100, assessing the original journalism this article was written from, not this write-up): 

- Trust 42 of 100, higher is better. Central claim attributed to named body, but relies on anonymous sourcing and lacks specific dates/locations.
- Craft 57 of 100, higher is better. Reporting is clear and holds together, but lacks quotes from affected parties and doesn't detail next steps.
- Hype 41 of 100, lower is better. Headline is lively but the body of the report is factual and measured.

Scored by MediaBias News; method at https://mediabias.news/methodology.

**The short version**

- US prosecutors are seeking to forfeit over $61 million in cryptocurrency allegedly tied to illicit Iranian oil sales.
- The funds were allegedly laundered through Binance by two Chinese companies, Blessed Trust Limited and Hexa Whale Trading Limited.
- Prosecutors claim the money was intended to finance Iran's government, military, and the IRGC.
- Tether previously froze approximately $61.19 million in USDT across 10 addresses in 2025.

US federal prosecutors are seeking the forfeiture of more than $61 million in cryptocurrency, alleging it is linked to illicit Iranian oil sales. The funds were allegedly laundered through accounts on the Binance cryptocurrency exchange by two Chinese companies, Blessed Trust Limited and Hexa Whale Trading Limited. Prosecutors claim the money was intended to finance Iran's government, military, and the Islamic Revolutionary Guard Corps (IRGC).

According to the civil forfeiture complaint filed by prosecutors in Manhattan, a network of cryptocurrency actors in China and elsewhere was used to launder over $1.5 billion in illicit oil money. Tether, the issuer of the USDT stablecoin, previously froze approximately $61.19 million in USDT across 10 addresses in 2025, which prosecutors allege are connected to these sales.

Binance has stated that it did not permit transactions with sanctioned individuals and is cooperating with law enforcement. The company has also said it will investigate, restrict, or freeze accounts where appropriate. Prosecutors have not accused Binance of wrongdoing in this case.

## Disagreement on amount

While most reports state the US is seeking to forfeit over $61 million, two unrated outlets reported a different figure. Elperiodicodelaenergia.com and diarioestrategia.cl stated the US asked to confiscate $53 million in cryptocurrencies.

## Omissions in coverage

None of the left-rated or right-rated reports mention Tether freezing approximately $61.19 million in USDT across 10 addresses in 2025. The centre-rated reports mention this detail.

## Who covered it

Shares of the 17 covering outlets with a published leaning rating:

- Left: 29% (5)
- Centre: 36% (6)
- Right: 35% (6)

69 of 86 covering outlets carried no usable leaning rating and were excluded from those percentages. Coverage measured 2026-09-16T14:20:47.746Z.

**Coverage watch:** developing. Checked 3 times; 0 checks found a material change. Most recently checked 2026-09-16T15:45:31.031Z.

## How the sides framed it

### Left

- The Hindustan Times reported that US prosecutors are seeking to forfeit over $61 million in cryptocurrency linked to illicit Iranian oil sales. It stated that two Chinese entities, Blessed Trust Limited and Hexa Whale Trading Limited, allegedly used Binance accounts to funnel oil revenue to Iran, its agents, and proxies, with proceeds intended to finance terrorist activities and the military. The report noted Binance's statement of cooperation with law enforcement and that the company did not permit transactions with sanctioned individuals. It also referenced a New York Times report from February 2026 stating that around $1.7 billion had flowed from two Binance accounts to Iranian entities linked to terrorist groups.

### Centre

- Cointelegraph reported that the US Department of Justice is seeking forfeiture of more than $61 million in USDT, alleging the funds came from black-market sales of sanctioned Iranian oil and were intended to finance Iran's government and military, including the IRGC. It noted that Tether froze about $61.19 million in USDT across 10 Tron addresses in 2025. The report mentioned Binance's statement that it did not permit transactions with sanctioned individuals and would cooperate with law enforcement, adding that the case was not filed against the exchange and did not allege wrongdoing by Binance. Cointelegraph also noted the US Treasury's August expansion of its Iran sanctions framework to cover the country's digital asset sector.

### Right

- The Jewish News Syndicate reported that the Justice Department seeks $61 million in what it says is ill-gotten Iranian cryptocurrency. The digest stated that the forfeiture complaint "demonstrates our determination to deprive the government of Iran and its terrorist proxies of the illegal money they rely on," according to the department.

## Factuality profile of the covering outlets

These are published factuality ratings of the outlets, not a verdict on whether this story or its claims are true.

- mixed: 6
- high: 9
- unknown: 70
- veryHigh: 1

## Verification scope

This page compares coverage and scores the source reporting. It is not a ClaimReview verdict on whether the underlying event or claim is true.

## Original reporting this was written from

- [阿波罗新闻网](https://aboluowang.com/2026/0916/2434282.html) — Binance Is in Big Trouble! Tens of Millions of Iranian Oil Revenues Were Laundered by Chinese Companies Through Binance and Transferred to Tehran.
- [Daily Pakistan Observer -](https://pakobserver.net/binance-accounts-at-center-of-alleged-1-5-billion-iranian-money-laundering-network) — Binance Accounts at Center of alleged $1.5 Billion Iranian Money-Laundering Network - Pakistan Observer
- [Publico](https://publico.pt/2026/09/16/mundo/noticia/eua-acusam-empresas-chinesas-branquear-receitas-petroleo-iraniano-2188201) — US Accuses Chinese Companies of Whitening Iranian Oil Revenues
- [Merca2.es](https://merca2.es/2026/09/16/doj-binance-petroleo-iran-cripto-2455359) — DOJ Claims 61 Million Crypto for Iranian Oil Bleached via Binance
- [The Daily Hodl](https://dailyhodl.com/2026/09/16/u-s-authorities-are-seeking-forfeiture-of-61000000-in-cryptocurrency-from-iranian-oil-smuggling) — U.S. Authorities Are Seeking Forfeiture of $61,000,000 in Cryptocurrency from Alleged Iranian Oil Smuggling
- [Correio da Manhã](https://cmjornal.pt/mundo/detalhe/eua-acusam-empresas-chinesas-de-branquear-receitas-de-petroleo-iraniano) — US Accuses Chinese Companies of Whitening Iranian Oil Revenues
- [Scenarieconomici.it](https://scenarieconomici.it/petrolio-ombra-iraniano-e-fiumi-di-criptovalute-gli-stati-uniti-sequestrano-61-milioni-di-dollari-passati-per-binance) — Iranian Shadow Oil and Cryptocurrencies: the United States Seized 61 Million Dollars Passed for Binance
- [Noticias ao Minuto](https://noticiasaominuto.com/economia/3052094/eua-acusam-empresas-chinesas-de-branquear-receitas-de-petroleo-iraniano) — US Accuses Chinese Companies of Whitening Iranian Oil Revenues
- [IOL Portugal](https://cnnportugal.iol.pt/eua/petroleo/empresas-chinesas-terao-branqueado-mais-de-1-5-mil-milhoes-de-dolares-de-petroleo-iraniano-atraves-de-criptomoedas/20260916/6aaa24cad34e53c759c724bb) — Chinese Companies Will Have Whitened More than 1.5 Billion Dollars of Iranian Oil Through Cryptocurrencies
- [TechJuice](https://techjuice.pk/us-seizes-iran-crypto-binance-china-laundering) — US Seizes $61M in Iranian Crypto Profits Laundered via Binance
- [Bitcoin.com](https://news.bitcoin.com/crypto-news/us-moves-to-forfeit-61m-in-crypto-linked-to-irans-oil-sales) — US Moves to Forfeit $61M in Crypto Linked to Iran's Oil Sales
- [Liner.hu](https://liner.hu/iran-olaj-kripto-penzmosas-binance-egyesult-allamok) — Trump Administration May Seize More than $60 Million in Iranian Illegal Oil Money
- [大纪元 Epoch Times](https://epochtimes.com/b5/26/9/15/n14850273.htm) — The US May Confiscate the Cryptocurrency Assets of Two Chinese Companies, Accusing Them of Helping Iran Launder Money.
- [ProCoinNews](https://procoinnews.com/us-seeks-61-million-crypto-iranian-oil-network) — U.S. Seeks $61 Million in Crypto Tied to Alleged Iranian Oil Laundering Network
- [Tekedia](https://tekedia.com/u-s-moves-to-seize-61-million-in-crypto-tied-to-alleged-iranian-oil-sanctions-evasion) — U.S. Moves to Seize $61 Million in Crypto Tied to Alleged Iranian Oil Sanctions Evasion
- [CryptoSlate](https://cryptoslate.com/tether-binance-and-a-1-5-billion-iran-oil-network-converge-in-new-us-forfeiture-case) — Tether, Binance and a $1.5 billion Iran oil network converge in new US forfeiture case
- [srpskainfo.com](https://srpskainfo.com/biznis/iran-u-centru-velike-americke-akcije-vise-od-15-milijardi-dolara-od-prodaje-nafte-navodno-oprano-preko-kriptovaluta) — Iran Allegedly Laundered $1.5 Billion From Oil Sales Through Cryptocurrencies
- [Cryptocurrency News - TCAT](https://thecurrencyanalytics.com/stable-coins/u-s-moves-to-seize-61-million-in-crypto-tied-to-sanctioned-iranian-oil-network-293847) — U.S. Moves to Seize $61 Million in Crypto Tied to Sanctioned Iranian Oil Network
- [investincryptonews.com](https://investincryptonews.com/doj-seeks-61m-usdt-forfeiture-tied-to-iranian-oil-sales) — DOJ Seeks $61M USDT Forfeiture Tied to Iranian Oil Sales - Invest In Crypto News
- [CoinTribune](https://cointribune.com/le-doj-vise-61-millions-lies-a-l-iran-richard-teng-ecarte-binance-des-accusations) — DOJ Targets $61 Million Related to Iran, Richard Teng Removes Binance of Charges
- [Business AM](https://businessam.be/vs-willen-voor-61-miljoen-dollar-aan-cryptovaluta-in-beslag-nemen-gelinkt-aan-iraanse-oliesmokkel) — US Seeks to Seize $61 Million Worth of Cryptocurrency Linked to Iranian Oil Smuggling
- [Engadget](https://engadget.com/2259323/doj-says-companies-used-binance-to-funnel-dollar15-billion-in-crypto-to-iran) — DOJ says companies used Binance to funnel $1.5 billion in crypto to Iran
- [svtv.org](https://svtv.org/news/2026-09-15/miniust-ssha-obvinil-gonkongskikh) — The U.S. Department of Justice Accused Hong Kong's Entrepreneurs of Paying for Oil Through the Binance Accounts and Demanded that They Confiscate Their Steaks.
- [Decrypt](https://decrypt.co/378261/us-forfeiture-61-million-crypto-iranian-oil-scheme) — US Seeks Forfeiture of $61 Million in Crypto Linked to Alleged Iranian Oil Scheme
- [Bitnewsbot](https://bitnewsbot.com/us-seizes-61m-crypto-in) — US Seizes $61M Crypto In Iran Oil Laundering Scheme
- [cryptocrunchapp.com](https://cryptocrunchapp.com/bitcoinmagazine/1-5b-in-iranian-oil-proceeds-were-laundered-on-binance-us-feds) — $1.5B In Iranian Oil Proceeds Were Laundered On Binance: US Feds
- [Jewish News Syndicate](https://jns.org/news/u-s-news/justice-department-seeks-61-million-in-what-it-says-is-ill-gotten-iranian-cryptocurrency) — Justice Department seeks $61 million in what it says is ill-gotten Iranian cryptocurrency
- [blockchainreporter](https://blockchainreporter.net/doj-seeks-61-million-crypto-iranian-oil-forfeiture) — DOJ Seeks $61M Crypto Forfeiture In Iran Oil Case
- [poslovni.hr](https://poslovni.hr/svijet/sad-trazi-zapljenu-61-milijun-dolara-iranskog-prihoda-od-nafte-4554906) — US Seeks Seizure of $61 Million in Iranian Oil Revenue
- [Cryptoast](https://cryptoast.fr/binance-millions-dollars-petrole-iranien) — Binance: $61 Million From Iranian Oil Targeted by the DoJ
- [Coin Edition](https://coinedition.com/doj-targets-61m-in-crypto-linked-to-iranian-oil-sales) — DOJ Targets $61M in Crypto Linked to Iranian Oil Sales
- [IBTimes](https://ibtimes.com/iran-allegedly-laundered-15-billion-oil-money-through-crypto-us-going-after-some-it-3807475) — Iran Allegedly Laundered $1.5 Billion In Oil Money Through Crypto. The U.S. Is Going After Some Of It.
- [The Cryptonomist](https://cryptonomist.ch/2026/09/15/sequestro-61-milioni-binance) — Capture $61 Million Binance in Iranian Oil Case
- [DiarioBitcoin](https://diariobitcoin.com/regulacion/ceo-de-binance-niega-acusacion-en-decomiso-de-usd-61-millones-ligados-a-iran) — Binance CEO Denies Charge in Confiscation of Cryptos for $61 Million Linked to Iran · Global Voices
- [Protos](https://protos.com/us-seizes-61m-of-iranian-crypto-profits-allegedly-laundered-through-binance) — US seizes $61M of Iranian crypto profits allegedly laundered through Binance
- [offshorealert.com](https://offshorealert.com/usa-v-usdt-forfeiture-complaint-black-market-sales-of-iranian-crude-oil) — USA v. USDT: Forfeiture Complaint (‘Black Market Sales of Iranian Crude Oil’) - OffshoreAlert
- [CRIPTO TENDENCIA](https://criptotendencia.com/2026/09/15/ee-uu-busca-confiscar-61-millones-en-criptomonedas-presuntamente-pertenecientes-a-iran-2) — U.S. Seeks to Confiscate $61 Million in Cryptocurrencies Allegedly Belonging to Iran
- [JDN - חדשות](https://jdn.co.il/news/2728725) — Attempted to Circumvent Sanctions: US Demands Seizure of over $61 Million in Crypto Hidden by Iran
- [Cryptopolitan](https://cryptopolitan.com/binance-ceo-teng-denies-role-iran-oil-case) — Binance CEO Teng denies exchange role in $61M Iran oil forfeiture case
- [dailybusiness.ro](https://dailybusiness.ro/actualitate/sua-cer-confiscarea-a-61-mil-dolari-in-criptomonede-proveniti-din-vanzari-ilegale-de-petrol-iranian-catre-china-550850) — U.S. Demand Confiscation of $61 Million in Cryptocurrency From Illegal Sales of Iranian Oil to China
- [AMBCrypto](https://ambcrypto.com/us-targets-61m-in-iran-linked-crypto-tied-to-binance-accounts) — US targets $61M in Iran-linked crypto tied to Binance accounts
- [FinanceFeeds](https://financefeeds.com/us-identifies-1-5b-crypto-pipeline-tied-to-iranian-oil-sales) — US Seeks $61M Crypto Tied to $1.5B Iranian Oil Network
- [RedState](https://redstate.com/bobhoge/2026/09/15/us-moves-to-collect-tens-of-millions-as-irans-oil-for-crypto-scheme-exposed-n2206950) — US Moves to Collect Tens of Millions As Iran's Oil for Crypto Scheme Exposed
- [Crypto Economy](https://crypto-economy.com/es/fiscales-de-ee-uu-van-tras-61-millones-de-dolares-de-un-esquema-petrolero-irani-en-criptomonedas-de-alto-riesgo) — U.S. Prosecutors Go After 61 Million Dollars of an Iranian Oil Scheme in High-Risk Cryptocurrencies - Crypto Economy ESP
- [Hindustan Times](https://hindustantimes.com/world-news/us-moves-to-forfeit-over-usd-61-million-in-cryptocurrency-linked-to-illicit-iranian-oil-money-us-iran-war-middle-east-101789467163814.html) — US moves to forfeit over $61 million in cryptocurrency linked to ‘illicit’ Iranian oil money
- [borskollen.se](https://borskollen.se/nyheter/27/usa-vill-beslagta-krypto-for-over-halv-miljard-kopplat-till-iransk-olja) — US Wants to Seize over Half a Billion Dollars Worth of Crypto Linked to Iranian Oil
- [Managers](https://managers.tn/2026/09/15/crypto-petrole-iranien-les-actifs-numeriques-de-teheran-dans-le-viseur-de-washington) — Iranian Crypto/petroleum: Tehran's Digital Assets in Washington's Viewfinder
- [unchainedcrypto.com](https://unchainedcrypto.com/doj-seeks-forfeiture-of-61-million-in-crypto-tied-to-iranian-oil-sales-allegedly-laundered-through-binance) — DOJ Seeks Forfeiture of $61 Million in Crypto Tied to Iranian Oil Sales Allegedly Laundered Through Binance
- [dunya.com](https://dunya.com/ekonomi/iran-petrolunde-15-milyar-dolarlik-kripto-agi-iddiasi-haberi-840103) — Crypto Network Claims $1.5 Billion in Iranian Oil - World Newspaper
- [Crypto Breaking News](https://cryptobreaking.com/us-moves-to-seize-61m) — US moves to seize $61M USDT linked to sanctioned Iranian oil sales
- [elperiodicodelaenergia.com](https://elperiodicodelaenergia.com/eeuu-solicita-confiscar-53-millones-en-criptos-procedentes-de-la-venta-de-crudo-irani-por-operadores-chinos) — US Asks to Confiscate 53 Million in 'Cryptos' From the Sale of Iranian Crude by Chinese Operators
- [Mediafax](https://mediafax.ro/externe/sua-vor-sa-confiste-61-de-milioane-de-dolari-in-criptomonede-banii-ar-proveni-din-petrol-iranian-vandut-chinei-23807327) — The U.S. Wants to Confiscate 61 Million Dollars in Cryptocurrency. The Money Would Come From Iranian Oil Sold to China
- [Hospodárske Noviny](https://hnonline.sk/finweb/zahranicna-ekonomika/96302373-usa-chcu-zhabat-kryptomeny-za-61-milionov-dolarov-podla-nich-pochadzaju-z-nelegalneho-predaja-iranskej-ropy) — US Wants to Seize $61 Million Worth of Cryptocurrencies, Claiming They Came From Illegal Iranian Oil Sales
- [Coin Academy](https://coinacademy.fr/actu/doj-reclame-61-millions-petrole-iran-crypto) — Washington Claims $61 Million in Cryptocurrency Related to Iranian Oil
- [Portfolio](https://portfolio.hu/global/20260915/lepett-az-egyesult-allamok-hatalmas-kriptovagyont-foglalnak-le-a-tiltott-olajuzletek-miatt-862758) — The United States Has Taken Action: Huge Crypto Assets Are Being Seized Due to Illicit Oil Deals
- [Cointelegraph](https://cointelegraph.com/news/doj-61m-usdt-forfeiture-iranian-oil) — DOJ Seeks $61M USDT Forfeiture Tied to Iranian Oil Sales
- [diarioestrategia.cl](https://diarioestrategia.cl/texto-diario/mostrar/6015069/eeuu-solicita-confiscar-53-millones-criptos-procedentes-venta-crudo-irani-operadores-chinos) — US Asks to Confiscate 53 Million in 'Cryptos' From the Sale of Iranian Crude by Chinese Operators
- [asiae.co.kr](https://asiae.co.kr/article/2026091517305257983) — U.S. Prosecutors: "Iran Laundered Oil Sales Proceeds Using Virtual Assets"
- [Reporter.gr](https://reporter.gr/diethnh/diethneis-eidhseis/685441-ipa-sto-stoxastro-crypto-aksias-61-ekat-apo-poliseis-iranikoy-petrelaiou) — U.S.: Crypto Targets $61M in Iranian Oil Sales
- [Financial Intelligence](https://financialintelligence.ro/sua-incearca-sa-confiste-criptomonede-in-valoare-de-61-de-milioane-de-dolari-despre-care-sustin-ca-provin-din-vanzarile-de-petrol-iranian-catre-cumparatori-chinezi) — The US Is Trying to Confiscate $61 Million Worth of Cryptocurrency, Which They Claim Comes From Iranian Oil Sales to Chinese Buyers.
- [BTC-ECHO](https://btc-echo.de/news/krypto-netzwerk-im-visier-usa-fordern-61-millionen-us-dollar-237696) — Illegal Oil Money in Krypto: Now the US Is Reaching Through
- [The Siasat Daily](https://siasat.com/us-accuses-iran-of-funding-military-via-black-market-oil-sales-3542423) — US accuses Iran of funding military via 'black-market' oil sales
- [CNBC](https://cnbc.com/2026/09/15/us-attorney-crypto-tether-iran-china-.html) — U.S. seeks to seize $61 million of crypto it claims are proceeds from Iranian petroleum sales to Chinese buyers
- [연합뉴스-Yonhap News Agency](https://yna.co.kr/view/AKR20260915135000009) — "Iranian Crude Oil Smuggling with Cryptocurrency"… U.S. Prosecutors Pursue Confiscation of Over 80 Billion Won
- [crypto.news](https://crypto.news/u-s-doj-seeks-61m-in-alleged-iran-oil-crypto-proceeds) — U.S. DOJ seeks $61M in alleged Iran oil crypto proceeds
- [Blockonomi](https://blockonomi.com/u-s-justice-department-seeks-to-seize-61m-in-cryptocurrency-tied-to-iranian-oil-smuggling-ring) — U.S. Justice Department Seeks to Seize $61M in Cryptocurrency Tied to Iranian Oil Smuggling Ring
- [SpaceMoney](https://spacemoney.com.br/economia/exterior/doj-confisco-us-61-milhoes-cripto-ira) — DOJ Calls for US$61 Million Confiscation Linked to Iran
- [The Sunday Guardian Live](https://sundayguardianlive.com/world/us-israel-iran-war-latest-live-news-us-seeks-civil-forfeiture-claim-of-61m-in-cryptocurrency-tied-to-irans-black-market-oil-sales-285053) — US-Israel-Iran War Latest Live News: US Seeks Civil Forfeiture Claim of $61m in Cryptocurrency Tied to Iran’s Black-Market Oil Sales
- [nosmokesport.com](https://nosmokesport.com/crypto-news/doj-targets-iran-crypto-oil-laundering) — DOJ Targets $61M In Crypto From Alleged Iranian Oil Laundering Scheme
- [SALAM WATANDAR](https://swn.af/the-u-s-sought-the-seizure-of-61-million-in-cryptocurrency-linked-to-iran) — US Demands $61 Million in Iran-Linked Cryptocurrency
- [IMLebanon](https://imlebanon.org/2026/09/15/usa-iran-oil-2) — American Lawsuit for the Confiscation of $61 Million in Iranian Oil Revenues
- [Coin Desk](https://coindesk.com/markets/2026/09/15/u-s-doj-seeks-usd61-million-in-what-it-calls-crypto-laundered-iranian-oil-proceeds) — U.S. DOJ seeks $61 million in what it calls Iran's crypto-laundered black market oil sales
- [Crypto Adventure](https://cryptoadventure.com/doj-seeks-forfeiture-of-61m-usdt-tied-to-iranian-oil-proceeds-routed-through-binance) — DOJ Seeks Forfeiture of $61M USDT Tied to Iranian Oil Proceeds Routed Through Binance
- [The Straits Times](https://straitstimes.com/world/united-states/doj-says-millions-in-iran-oil-proceeds-laundered-on-binance) — DOJ says millions in Iran oil proceeds laundered on Binance
- [nafeza2world.com](https://nafeza2world.com/Msr/2782545) — News From Egypt: America: Iran Used a Network of Encrypted Currencies in China to Launder $1.5 Billion of Oil Money.
- [CNBC-TV18](https://cnbctv18.com/world/us-justice-department-seeks-usd-61-million-tied-to-iranian-oil-money-laundered-via-binance-19990466.htm) — US Justice Department seeks $61 million tied to Iranian oil money laundered via Binance
- [Business Times](https://businesstimes.com.sg/international/us-justice-department-says-millions-iran-oil-proceeds-laundered-binance) — US Justice Department says millions in Iran oil proceeds laundered on Binance
- [MyCryptoParadise](https://mycryptoparadise.com/us-seeks-61m-forfeiture-tied-to-binance-and-iran-oil) — US seeks $61M forfeiture tied to Binance and Iran oil
- [Crypto Briefing](https://cryptobriefing.com/doj-forfeiture-iran-oil-binance-laundering) — US DOJ seeks forfeiture of $61M in crypto tied to Iranian oil sales laundered through Binance accounts
- [Startup Fortune](https://startupfortune.com/the-doj-wants-to-seize-61-million-in-iran-oil-money-laundered-on-binance) — The DOJ Wants to Seize $61 Million in Iran Oil Money Laundered on Binance
- [BITRSS](https://bitrss.com/breaking-u-s-department-of-justice-issues-statement-on-binance-and-iran-251242) — BREAKING: U.S. Department of Justice Issues Statement on Binance and Iran
- [Bloomberg](https://bloomberg.com/news/articles/2026-09-14/doj-says-millions-in-iranian-oil-proceeds-laundered-on-binance) — DOJ Says Millions in Iranian Oil Proceeds Laundered on Binance
- [BizToc](https://biztoc.com/x/94c0b862c2408523) — DOJ Says Millions in Iranian Oil Proceeds Laundered on Binance
- [Cryptocurrency News | Cryptocurrency Prices | Market Cap](https://cryptocurrency.com.tr/doj-says-millions-in-iranian-oil-proceeds-laundered-on-binance-bloomberg-com-377648) — DOJ Says Millions in Iranian Oil Proceeds Laundered on Binance
- [bitcoinsistemi.com](https://bitcoinsistemi.com/son-dakika-abd-adalet-bakanligindan-binance-ve-iran-aciklamasi-geldi) — BREAKING NEWS: US Department of Justice Issues Statement on Binance and Iran!
- [TokenPost](https://tokenpost.com/news/regulation/23108) — DOJ Targets $61M in Crypto Tied to Iran Oil Sales

## Questions

**What is the US seeking to forfeit?**

US prosecutors are seeking to forfeit over $61 million in cryptocurrency. They allege these funds are linked to illicit Iranian oil sales and were laundered through Binance accounts by two Chinese companies.

**Who allegedly laundered the funds?**

Prosecutors allege that two Chinese companies, Blessed Trust Limited and Hexa Whale Trading Limited, used Binance accounts to launder the funds. These companies allegedly acted as part of a network to funnel oil revenue to Iran.

**What was the alleged purpose of these funds?**

The funds were allegedly intended to finance Iran's government, military, and the Islamic Revolutionary Guard Corps (IRGC). Prosecutors claim the money was part of a larger scheme to launder over $1.5 billion in illicit oil money.

**Has Binance been accused of wrongdoing?**

No, prosecutors have not accused Binance of wrongdoing in this case. The exchange has stated it did not permit transactions with sanctioned individuals and is cooperating with law enforcement investigations.

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MediaBias News — https://mediabias.news. Reproduced from https://mediabias.news/business/us-seeks-61-million-in-crypto-linked-to-iran-oil-sales. Please cite as: MediaBias News, "US seeks $61 million in crypto linked to Iran oil sales", https://mediabias.news/business/us-seeks-61-million-in-crypto-linked-to-iran-oil-sales