A financial network linked to sanctioned Iranian financier Babak Zanjani processed approximately $850 million through 21 Binance accounts, with at least $67 million flowing to wallets associated with the Islamic Revolutionary Guard Corps (IRGC), according to a Wall Street Journal report citing internal Binance documents.
Binance stated it has banned the related accounts and clarified that the total transaction volume does not equal the amount directed to IRGC-linked entities. Among the identified users was Sukhrob Oimakhmadov, designated as a high-value client who received over $10 million and whose account showed multiple logins from Tehran.
WSJ: Iran-Linked Network Moved $850M Through Binance Accounts
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