Gate News reports that on March 11, the U.S. Department of Justice is investigating how Iran is using a major global cryptocurrency exchange to circumvent U.S. sanctions. According to company documents and informed sources, an internal investigation into over $1 billion in suspicious fund flows was previously halted. These funds were transferred through the platform to a network that funds Iran-backed terrorist organizations, including the Houthi rebels in Yemen. The investigation focuses on the movement of these funds on the platform and the associated compliance risks.
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