US DOJ seeks $61 million in crypto proceeds from illicit Iranian oil sales laundered on Binance
Published . Updated .
Prosecutors alleged that two Chinese companies used Binance to launder those funds to Iran and its proxies.
Directly affected
- CRCW Crypto
Named in this report.
Indirectly affected
- FRO Frontline
Tanker operators earn more when freight rates spike
- INSW International Seaways
Tanker operators earn more when freight rates spike
- DHT DHT Holdings
Tanker operators earn more when freight rates spike
- TNK Teekay Tankers
Tanker operators earn more when freight rates spike
- USO United States Oil Fund
Oil prices move when Iranian supply is at risk
- XLE Energy Select Sector SPDR
Energy companies move with Iran supply risk
- IBIT iShares Bitcoin Trust
This price moves with the crypto market
- COIN Coinbase
The crypto exchange moves with trading volumes
- XOM Exxon Mobil
Oil producers earn more when crude prices rise
- DAL Delta Air Lines
Airlines pay more for fuel when oil prices jump
Price reaction, T-5 to T+3
Prosecutors alleged that two Chinese companies used Binance to launder those funds to Iran and its proxies.
Source: The Block
The price since 15 Sep 2026: United States Oil Fund (USO) versus the S&P 500
Since the first closing price after “US DOJ seeks $61 million in crypto proceeds from illicit Iranian oil sales laundered on Binance,” United States Oil Fund (USO) is +2.96%. The S&P 500 fund (SPY) is +1.66% over the same days, a +1.30% difference versus the market. energy stocks (XLE) is +5.85%, a -2.89% difference versus that group of stocks.
United States Oil Fund (USO) filings in this energy story
- Gilbert Cisneros buy Advanced Energy Industries (AEIS) ($1,001 - $15,000). That is 14 days after publication, inside 30 days. The filing is listed beside the story “US DOJ seeks $61 million in crypto proceeds from illicit Iranian oil sales laundered on Binance.”
- Nancy Pelosi buy Bloom Energy (BE) ($500,001 - $1,000,000). That is 49 days before publication, inside 60 days. The filing is listed beside the story “US DOJ seeks $61 million in crypto proceeds from illicit Iranian oil sales laundered on Binance.”
- Nancy Pelosi buy Bloom Energy (BE) ($1,000,001 - $5,000,000). That is 53 days before publication, inside 60 days. The filing is listed beside the story “US DOJ seeks $61 million in crypto proceeds from illicit Iranian oil sales laundered on Binance.”
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
United States Oil Fund (USO) on one side of this energy story
Companies carried with this story
- USO United States Oil Fund
For “US DOJ seeks $61 million in crypto proceeds from illicit Iranian oil sales laundered on Binance,” United States Oil Fund (USO) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- BNO United States Brent Oil Fund
United States Brent Oil Fund (BNO) is linked, with no stored direction, high confidence in the 15 Sep 2026 story “US DOJ seeks $61 million in crypto proceeds from illicit Iranian oil sales laundered on Binance.” Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- XLE Select Sector Spdr Tr
For “US DOJ seeks $61 million in crypto proceeds from illicit Iranian oil sales laundered on Binance,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf
In “US DOJ seeks $61 million in crypto proceeds from illicit Iranian oil sales laundered on Binance,” State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- AEIS Advanced Energy Industries
For “US DOJ seeks $61 million in crypto proceeds from illicit Iranian oil sales laundered on Binance,” Advanced Energy Industries (AEIS) is linked, with no stored direction, medium confidence. Reason on file: GA selected AEIS as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- AMPY Amplify Energy
In “US DOJ seeks $61 million in crypto proceeds from illicit Iranian oil sales laundered on Binance,” Amplify Energy (AMPY) is linked, with no stored direction, medium confidence. Reason on file: GA selected AMPY as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- ATO Atmos Energy
Atmos Energy (ATO) is linked, with no stored direction, medium confidence in the 15 Sep 2026 story “US DOJ seeks $61 million in crypto proceeds from illicit Iranian oil sales laundered on Binance.” Reason on file: GA selected ATO as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BE Bloom Energy
Bloom Energy (BE) is linked, with no stored direction, medium confidence in the 15 Sep 2026 story “US DOJ seeks $61 million in crypto proceeds from illicit Iranian oil sales laundered on Binance.” Reason on file: GA selected BE as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
United States Oil Fund (USO) and the energy link
The 15 Sep 2026 story “US DOJ seeks $61 million in crypto proceeds from illicit Iranian oil sales laundered on Binance” names United States Oil Fund (USO) because of Energy.
The link for United States Oil Fund (USO) is this: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
United States Brent Oil Fund (BNO) is here too. Its reason reads: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
Dates in the story, and the United States Oil Fund (USO) price range
BNO traded between 57.39 and 67.79 across 20 sessions. The latest close on file is 67.10. USO traded between 141.82 and 162.99 across 20 sessions. The latest close on file is 160.80. XLE traded between 60.95 and 68.51 across 20 sessions. The latest close on file is 67.80.
What the saved facts support for United States Oil Fund (USO)
46 out of 100
“US DOJ seeks $61 million in crypto proceeds from illicit Iranian oil sales laundered on Binance” scores 46 out of 100. The score uses 1 sources, and 10 linked companies.