Bitcarnage

Bitcarnage

Internal 4:FUD!

Patrick L Young's avatar
Patrick L Young
Feb 25, 2026
∙ Paid

Another day and another case of what doubtless will be regarded as “4:FUD!”:
Binance Denies Firing Investigators Over Reported $1.7 Billion Crypto Flows To Iran
The Block
Binance Fired Staff Who Flagged $1 Billion Moving To Sanctioned Iran Entities
WSJ
Binance Fires Top Investigators Who Claim To Have Uncovered Evidence Of Iranian Sanctions Violations
Fortune
Binance Employees Find $1.7 Billion In Crypto Was Sent To Iranian Entities
The NY Times
Crypto Exchange Binance May Have Funded Iranian Entities, Reports Say
The Guardian

Binance detected and reported suspicious activity, and this is evidence that our controls are working, not the opposite,” the spokesperson added.

The strange state of crypto is that some might not entirely believe this…

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Patrick L Young
Marketplace building Entrepreneur. Fintech pioneer, exchange expert, author. Publisher Exchange Invest Newsletter. Publisher "Bitcarnage" (on Substack) Fun sideline: Occasional Motorsports Commentator
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