archive: https://archive.is/XpN5H
Some clues were in plain sight, found in public business records in Singapore and Hong Kong, on a U.S. trade blacklist, and in Binance transaction logs that showed hundreds of millions of dollars flowing through the account of a 78-year-old Chinese man. They led to Blessed Trust, a little-known payment processing firm that handled back-office tasks for Binance while using the exchange to move $1.2 billion that ultimately went to entities tied to Iran, according to company records and other documents reviewed by The New York Times.
More proof that Bitcoin is the best money money can buy. It functions effectively regardless of your political orientation or religious beliefs.
On another note, does binance have any connection to the CCP? If so, this was in all likelihood a Chinese state facilitated financial operation. They view Iran as a strategic partner