Binance responds to US congressional investigation: Compliance program continues to strengthen, Iran related entities have been cleared According to Foresight News, according to the Binance blog, Binance has publicly released a formal response to a previous inquiry letter from U.S. Senator Richard Blumenthal. Binance stated that some media outlets, such as The New York Times, Fortune, and The Wall Street Journal, have recently reported false, misleading, and defamatory content regarding its compliance procedures and sanction controls. \The core content of this response includes: Compliance investment and team size: Binance has invested billions of dollars in compliance infrastructure in recent years, and the global compliance team has exceeded 1500 people, including hundreds of experts in sanctions, counter-terrorism financing, and financial crime investigation. \Clearing risk entities: Regarding the two entities mentioned in the letter, Hexa Whale and Blessed Trust, Binance stated that after cooperating with law enforcement investigations, it has proactively conducted in-depth audits and will respectively clear the two entities from the platform in August 2025 and January 2026. Binance emphasizes that there is currently no evidence to suggest that its account has direct transactions with Iranian entities. \Law Enforcement Cooperation Data: In 2025, Binance processed over 71000 law enforcement requests. In the past three years, Binance has assisted law enforcement agencies in seizing over $752 million, including nearly $579 million seized for US government agencies. \Risk exposure has significantly decreased: Blockchain analysis data shows that from January 2024 to July 2025, the proportion of Binance wallets exposed to illegal activities has decreased from 0.284% of total transaction volume to 0.009%, a decrease of 97%. \Personnel change explanation: Binance clarifies that no employee has been dismissed due to compliance concerns raised. The related resignations are mostly resignations, with only one case being dismissed due to unauthorized disclosure of user information in violation of company policies. \Binance reiterates that it has strict KYC and compliance procedures, prohibits users residing or located in Iran from using the platform, and will continue to strengthen geographic location control to combat regulatory evasion through VPN.