Mr. CZ Counters Report of Dismissal of Binance's Iran-Related Investigator

On February 14th, Changpeng Zhao (CZ), the former CEO of Binance, responded to a Fortune magazine report claiming that an internal investigator who discovered Iran-related transactions was dismissed. On platform X, he stated, 'The article is self-contradictory.' While admitting he was not fully privy to the details, he questioned the consistency of the report's content. Fortune magazine reported on the same day that a member of Binance's investigative team was fired after pointing out Iran-related transaction activities on the platform. The total volume of transactions over approximately 18 months exceeded $1 billion, primarily involving the transfer of Tether's USDT stablecoin on the Tron blockchain. At least...