[Forbes: Former Binance Investigator Tells IRS Management Ignored Internal Investigation into Iranian Accounts] According to Forbes, a previously undisclosed search warrant reveals that a former senior financial crime investigator at Binance, during questioning by the IRS in May, stated that Binance management ignored calls to launch an internal investigation (codenamed "Operation Loclock") into approximately 2,000 accounts suspected of being used by individuals in Iran and involving the flow of approximately $1.2 billion. This investigator, along with several colleagues, was previously suspended and subsequently resigned after investigating two accounts suspected of violating U.S. sanctions by transferring funds to Iran. He has now received a subpoena to testify before a federal grand jury in Washington, D.C. Binance responded that it did not violate Iranian sanctions, that the investigator was dismissed for violating the company's data privacy policy, that the investigation into the relevant accounts was never closed, and that the company will fully cooperate with law enforcement. No charges have yet been laid in the investigation.