The U.S. Department of Justice filed a civil forfeiture complaint against approximately $61 million in crypto proceeds from black-market sales of sanctioned Iranian crude oil and petroleum products. Prosecutors alleged that two Chinese companies used Binance trading accounts to launder the proceeds and funnel funds to the Iranian government and its proxies. The DOJ identified related unhosted crypto addresses that received and distributed more than $1.5 billion from illicit Iranian oil sales.