Core Viewpoint - The U.S. Justice Department is investigating Iran's alleged use of Binance to evade sanctions, with over $1 billion reportedly flowing through the exchange to Iran-backed terror groups [1][2]. Group 1: Investigation Details - The investigation involves officials contacting individuals knowledgeable about transactions linked to Iran, with a focus on whether Binance or its customers are being targeted [2]. - Previous reports indicated that Binance allowed approximately $1.7 billion in transactions related to Iranian and Russian sanctions evasion [3]. Group 2: Binance's Response - Binance has denied any direct transactions with sanctioned entities and claims to have identified and acted against links to Iran after initiating its own investigation [3]. - The exchange has filed a lawsuit against the Wall Street Journal for "false and defamatory reporting," asserting that the allegations have caused significant reputational harm [5][6]. - Binance's compliance program is highlighted as one of the largest in the crypto industry, with claims of a 96.8% reduction in sanctions-related exposure from January 2024 to July 2025 [6].