In a firm rebuttal to recent media reports, Binance has categorically denied allegations that it terminated or suspended compliance staff for uncovering potentially problematic cryptocurrency transactions linked to Iran. The world’s largest crypto exchange maintains that no sanctions violations occurred and that any personnel changes stemmed from unrelated breaches of internal policies, not from efforts to suppress legitimate concerns.

The controversy erupted following investigative pieces published in mid-February 2026. According to various reports, a team of internal investigators—several with backgrounds in law enforcement across Europe and Asia—identified substantial flows of funds through the platform between March 2024…