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The US Department of Justice is reviewing whether Binance complied with the settlement agreement reached with US authorities in 2023, with a focus on investigating whether Binance was involved in transactions that violated US sanctions against Iran, including whether Binance knowingly released transactions that the system should have intercepted. The review is led by the Manhattan United States Attorney's Office and the Criminal Division of the Department of Justice, involving Hong Kong entities accused of assisting in the transfer of funds from Iranian oil sales. Binance responded by stating that it has zero tolerance for violations of sanctions. (Source: Bloomberg)