CZ rejects ‘contradicting’ claims Binance fired investigators after Iran-linked probe findings
Former Binance CEO CZ dismissed reports that the exchange fired investigators following an Iran-linked transaction probe as self-contradicting.Summary
Former Binance CEO Changpeng Zhao (CZ) refuted claims, reported by Fortune, that Binance dismissed internal investigators after they flagged suspicious activity involving Iranian-linked counterparties on the platform. Fortune alleged that investigators flagged over $1 billion in Tether USDT transactions on the Tron blockchain over 18 months, leading to the dismissal of at least five investigators starting in late 2025. CZ, responding on X, called the report "self-contradicting," arguing that if the allegations were true, one could equally claim the investigators failed to prevent the activity initially. He noted that Binance uses multiple third-party AML screening tools and suggested the claims might stem from unhappy or paid sources spreading FUD (Fear, Uncertainty, Doubt). These claims surface while Binance is operating under compliance reforms following its 2023 settlement with U.S. authorities regarding sanctions and AML violations, and amid growing evidence of Iranian entities using stablecoins to bypass banking restrictions.
(Source：The Block)