Binance, the largest cryptocurrency exchange globally, has come under renewed scrutiny from the U.S. Department of the Treasury. The Treasury sent a letter requesting interviews with Binance employees and access to records as part of an investigation into potential sanctions violations. This inquiry is part of ongoing oversight after Binance pleaded guilty to U.S. charges related to sanctions and anti-money laundering violations nearly three years ago, resulting in a $4 billion settlement in 2023. Binance has expressed its commitment to cooperating with the independent monitor and welcomes feedback from the Treasury, viewing it as essential for enhancing compliance measures. The inquiry is reportedly linked to allegations that the Iranian regime may have used Binance to transfer funds. Additionally, Binance's chief compliance officer, Noah Perlman, is reportedly looking to leave, amidst other senior compliance staff departures. The Treasury's letter, dated April 19, prompted a response from Binance on April 28, affirming their cooperation with the investigation.