The U.S. Justice Department is looking into Binance, the largest  cryptocurrency exchange in the world, for violating Russian sanctions.

The authorities are investigating whether Binance Holding was improperly  used by Russia to evade financial restrictions imposed by the United  States.

According to sources, the national security section of the Justice  Department has opened an investigation to see whether Binance or any of  its many personnel have managed to avoid sanctions related to the  Russian invasion of Ukraine.