Binance Fires Investigators as $1 Billion Iran-Linked USDT Flows Surface
Binance reportedly fired compliance investigators after they flagged over $1 billion in USDT transactions linked to Iran.Summary
Binance has allegedly dismissed at least five members of its compliance investigations team after they internally identified over $1 billion in USDT transactions routed via the Tron blockchain, potentially linked to Iranian entities between March 2024 and August 2025. Several dismissed staff held senior roles and had law enforcement backgrounds. This pattern of Iran utilizing USDT on Tron for cross-border flows aligns with recent sanctions actions by the US Treasury's OFAC against entities allegedly tied to Iran's Islamic Revolutionary Guard Corps (IRGC). Furthermore, Iran's central bank has reportedly accumulated substantial USDT to secure hard-currency liquidity outside traditional banking systems. Binance has not publicly confirmed sanctions violations related to these specific flows, but the incident occurs amid heightened scrutiny of stablecoins and exchanges concerning geopolitical sanctions compliance.
(Source：BeInCrypto)