Binance co-CEO Richard Teng has refuted a Fortune report claiming that the company dismissed investigators after they uncovered Iran-related transactions. Teng clarified that no sanctions violations were found and no investigators were terminated for raising concerns. He has requested Fortune to correct its report, emphasizing Binance's commitment to regulatory compliance. The Fortune article alleged that at least five investigators were dismissed after identifying over $1 billion in transactions involving Iranian affiliates, primarily conducted on the Tron blockchain using Tether's USDT. Additionally, it noted the departure of several senior compliance officials and the impending exit of Chief Compliance Officer Noah Perlman. Binance CEO Changpeng Zhao also labeled the report's claims as "contradictory."