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 internal documents and multiple sources.
The transactions routed through Binance using Tether‘s (CRYPTO: USDT) on the Tron (CRYPTO: TRX) blockchain.
After investigators surfaced the findings through internal reports, Binance fired at least five of them starting in late 2025.
At least three of the fired investigators came from law enforcement backgrounds in Europe and Asia. Several held leadership roles investigating sanctions evasion and counter-terror financing.
Beyond the investigator firings, at least four other top compliance staff have left or been pushed out over the past three months.
The exact reason for the firings …