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U.S. seeks to seize $61 million of crypto it claims are proceeds from Iranian petroleum sales to Chinese buyers

Posted on September 15, 2026
By CNBC
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1 min read

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U.S. seeks to seize $61 million of crypto it claims are proceeds from Iranian petroleum sales to Chinese buyers

Two Chinese companies, are alleged to have used trading accounts in Binance to launder the illicit proceeds and funnel the funds to Tehran or its proxies.