US EditionBinance Reportedly Fired Multiple Compliance Investigators In Potential Iran-Linked Sanctions Violation
Binance dismissed at least five investigators who found Iran-linked entities received over $1 billion through the exchange, raising concerns about prioritizing business over sanctions compliance.
- Binance fired at least five compliance investigators after internal reports found entities tied to Iran received more than $1 billion via the Tether stablecoin on the Tron blockchain.
- After its 2023 settlement, Binance entered government monitorship and pledged regulatory maturity but appears to be reneging while expanding compliance staff to 645 amid DOJ scrutiny.
- On-Chain tracing found transfers routed through Tether on Tron, as internal documents viewed by Fortune showed investigators with law-enforcement backgrounds led sanctions evasion and counter-terror financing probes.
- At least four top compliance staff have left or been pushed out over the past three months, and Binance is seeking replacements including for the Chief Compliance Officer, who plans to transition out later this year.
- The timing coincides with U.S. political developments benefiting Binance, including a pardon for Changpeng Zhao and lobbying in Washington, D.C., with legal observers calling the firings 'rather shocking' under a monitorship.
20 Articles
20 Articles
Binance Reportedly Fired Multiple Compliance Investigators In Potential Iran-Linked Sanctions Violation
Binance (CRYPTO: BNB) fired at least five compliance investigators who uncovered evidence that Iran-linked entities received over $1 billion through the exchange between March 2024 and August 2025, potentially violating sanctions laws under government monitorship. The $1 Billion Iran Finding Investigators on Binance’s compliance team discovered entities tied to Iran received more than $1 billion through the exchange, according to Fortune citing …
Binance Fires Investigators as Sanctions Risk Resurfaces
On February 13, Fortune reported that Binance had terminated a number of senior compliance investigators. They are the investigators who identified more than $1 billion in transactional flow that appeared to be associated with Iranian entities. Binance’s perceived backsliding in compliance could result in multiple restrictions, including weaker banking relationships and reduced institutional trading access. The crypto firm is currently operatin…
Despite the 4.3 billion dollar penalty, new research raises questions as to whether sanctioned funds were still handled via Binance. Source: BTC-ECHO BTC-ECHO
Binance Investigators Exit as Iran Sanctions Questions Resurface
Binance faces fresh scrutiny over $1B in Tron-based Tether transactions since 2024. Multiple senior compliance staff departed, raising concerns about internal oversight. Zhao defends Binance, citing AML tools and broader industry detection limits. Fresh allegations have placed Binance back under regulatory scrutiny, even as the exchange continues operating under a U.S. government monitorship. Reports claim that internal investigators identified …
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