WASHINGTON, June 16 -- Sen. Adam Schiff issued the following press release:
Today, U.S. Senator Adam Schiff (D-Calif.) and colleagues are probing (https://www.schiff.senate.gov/wp-content/uploads/2026/06/Letter-from-Sen.-Schiff-and-Colleagues-to-Bessent-and-Blanche-on-Binance-Role-in-Iranian-Sanctions-Evasion.pdf) cryptocurrency exchange Binance's role in facilitating sanction evasions by the Iranian regime through millions of dollars in cryptocurrency transactions on the exchange. The Senators inquiry to the administration points to reports that Binance executives allowed Iranian "antisanction" operator Babak Zanjani to coordinate the exchange of $850 million in the past two years as part of a larger effort to move funds to IRGC-affiliate...