XPAY KNOWLEDGE

Industry WIKI

Digital assets and currencies

Understand assets, networks and trading mechanics with sources you can check.

United States v. Banki

In United States v. Banki, 685 F.3d 99 (2nd Cir. 2011) the Second Circuit Court of Appeals overturned the conviction of Mahmoud Reza Banki. Banki had been convicted of multiple crimes related to allegedly conspiring to violate United States sanctions against Iran by transferring large amounts of money — totaling some $3.4 million — from Iran to the United States.