Binance has responded to an inquiry from U.S. Senator Richard Blumenthal, emphasizing its commitment to compliance by investing hundreds of millions of dollars in recent years. The company has expanded its global compliance team to over 1,500 members. Binance also reported the removal of entities Hexa Whale and Blessed Trust from its platform in August 2025 and January 2026, respectively, and stated there is no evidence of direct transactions between its accounts and Iranian entities.
In 2025, Binance processed over 71,000 law enforcement requests and has assisted in the seizure of more than $752 million in assets over the past three years, with approximately $579 million related to U.S. government agency cases.
Binance Responds to U.S. Senator's Inquiry, Highlights Compliance Efforts
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