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News
Binance CEO Richard Teng denies $1 billion Iran-linked USDT claims on Feb 16, 2026
user-avatar
Collins J. Okoth3h ago

Binance CEO Richard Teng denies $1 billion Iran-linked USDT claims on Feb 16, 2026

On February 16, 2026, Binance CEO Richard Teng denied allegations that the exchange fired compliance investigators or breached sanctions tied to more than $1 billion in Iran-linked USDT activity. Fortune reported on February 13 that at least five investigators were dismissed after flagging transactions between March 2024 and August 2025 using USDT on Tron.
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Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
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