🚨 Compliance Shockwave: Internal Investigation Rocks Binance
A fresh compliance controversy is making headlines in the crypto world.
According to reports, investigators within Binance uncovered that between March 2024 and August 2025, Iranian-linked entities allegedly received over $1 billion through the exchange. The transactions were reportedly conducted using Tether (USDT) on the TRON network, potentially raising concerns around international sanctions compliance.
🔎 What Happened Next?
After an internal report disclosed these findings:
At least five individuals were dismissed toward the end of 2025.
Four senior compliance officers have either left or been removed in the past three months.
Chief Compliance Officer Noah Perlman is expected to depart later this year — though sources state his exit is unrelated to the investigator dismissals.
A Binance spokesperson emphasized that the company does not comment on ongoing investigations but reaffirmed its commitment to complying with sanctions laws and regulatory requirements in all operating jurisdictions.
📜 A Broader Context
This development comes after Binance previously admitted in 2023 to violations involving anti-money laundering (AML), customer identification requirements, and sanctions regulations. The exchange agreed to a $4.30 billion settlement, one of the largest in crypto industry history, as reported by Fortune
⚖️ Market Takeaway
Compliance remains one of the biggest pressure points for centralized exchanges. As regulatory scrutiny intensifies globally, internal governance and transparency are becoming critical pillars for long-term survival in the crypto space.
Investors and traders should keep a close eye on regulatory developments — because in crypto, compliance news can move markets just as fast as price charts.
DYOR No Financial advice!
#USNFPBlowout #USTechFundFlows #iran #Write2Earn
