TechFlame reports that investigators from Binance's compliance team discovered that entities linked to Iran received over $1 billion through the exchange. These transactions were conducted via Tether on the Tron blockchain and may have violated sanctions laws. After the investigators disclosed these findings through internal reports, at least five individuals began to be dismissed by the end of 2025. Additionally, over the past three months, at least four senior compliance personnel have either resigned or been removed from their positions. Binance’s Chief Compliance Officer, Noah Perlman, plans to step down later this year, though his departure is unrelated to the dismissal of the investigators. A Binance spokesperson stated that, in accordance with company policy, they cannot comment on ongoing investigations and are committed to complying with all applicable sanctions laws and regulations in the markets where they operate. It is reported that in 2023, Binance admitted to violating anti-money laundering, customer identification laws, and sanctions regulations, agreeing to pay a $4.3 billion fine.