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​🔍 Fact-Check: Is Binance Hacked or is it a Sanctions Dispute?​There are reports circulating today about $1.7 Billion moving between Binance and Iranian-linked entities. Before you panic-sell, let’s look at what the on-chain data and official statements actually say. ​1. Was Binance Hacked? 🛡️ ​The Short Answer: No. There is no evidence of a security breach or "hack" by Iranian individuals on Binance today. Your funds are safe under the SAFU (Secure Asset Fund for Users) protection. The current news is about Compliance, not a theft of user keys. ​2. The $1.7 Billion Allegations 📑 ​Major news outlets like The New York Times and Fortune reported that between 2024 and 2025, approximately $1 billion to $1.7 billion flowed through Binance accounts linked to Iranian entities. ​The Claim: Investigators on Binance’s compliance team allegedly flagged these transactions and were later dismissed.​The Platform: Much of this activity supposedly happened using Tether (USDT) on the Tron blockchain, which is often targeted for its low fees and high privacy. ​3. Binance’s Official Response 📢 ​Binance Co-CEO Richard Teng and the official communications team have strongly denied these claims. ​No Retaliation: They stated that no investigators were fired for raising concerns.​Internal Review: Binance conducted a review with external legal counsel and found no evidence of sanctions violations.​Active Reporting: They clarified that they actively detect and report suspicious activity to the proper authorities. ​The "Late Night" Wisdom: ​In 2026, "FUD" (Fear, Uncertainty, and Doubt) is often used as a tool to move the market. ​The Reality: Binance is under more regulation than ever before. This is a dispute between media reports and the exchange's internal data.​The Action: Keep your 2FA on, keep using the Official App, and ignore the "HACKED" headlines that aren't backed by on-chain proof of theft. ​Do you think the media is being too hard on Binance, or is transparency the only way forward? Let’s hear your take below! 👇 ​#BinanceCompliance #CryptoNews2026 #RichardTeng #SanctionsData #LateNightDataEdits

​🔍 Fact-Check: Is Binance Hacked or is it a Sanctions Dispute?

​There are reports circulating today about $1.7 Billion moving between Binance and Iranian-linked entities. Before you panic-sell, let’s look at what the on-chain data and official statements actually say.
​1. Was Binance Hacked? 🛡️
​The Short Answer: No. There is no evidence of a security breach or "hack" by Iranian individuals on Binance today. Your funds are safe under the SAFU (Secure Asset Fund for Users) protection. The current news is about Compliance, not a theft of user keys.
​2. The $1.7 Billion Allegations 📑
​Major news outlets like The New York Times and Fortune reported that between 2024 and 2025, approximately $1 billion to $1.7 billion flowed through Binance accounts linked to Iranian entities.
​The Claim: Investigators on Binance’s compliance team allegedly flagged these transactions and were later dismissed.​The Platform: Much of this activity supposedly happened using Tether (USDT) on the Tron blockchain, which is often targeted for its low fees and high privacy.
​3. Binance’s Official Response 📢
​Binance Co-CEO Richard Teng and the official communications team have strongly denied these claims.
​No Retaliation: They stated that no investigators were fired for raising concerns.​Internal Review: Binance conducted a review with external legal counsel and found no evidence of sanctions violations.​Active Reporting: They clarified that they actively detect and report suspicious activity to the proper authorities.
​The "Late Night" Wisdom:
​In 2026, "FUD" (Fear, Uncertainty, and Doubt) is often used as a tool to move the market.
​The Reality: Binance is under more regulation than ever before. This is a dispute between media reports and the exchange's internal data.​The Action: Keep your 2FA on, keep using the Official App, and ignore the "HACKED" headlines that aren't backed by on-chain proof of theft.
​Do you think the media is being too hard on Binance, or is transparency the only way forward? Let’s hear your take below! 👇
#BinanceCompliance #CryptoNews2026 #RichardTeng #SanctionsData #LateNightDataEdits
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