Story perspectives

Binance Linked to $1.2 Billion Iran Transactions Amid Investigations

3/27/2026

Summary

Story summary

Public business filings show Binance processed over $1.2 billion tied to Iran through Blessed Trust.
Blessed Trust's CEO shared a villa in Singapore with a Chinese entrepreneur tied to a US blacklist.
Investigators found large sums flowed from Blessed Trust to Iran's Revolutionary Guard.
Binance continued its relationship with Blessed Trust until January 2026 despite early warning signs.
Binance faces ongoing US investigations and a defamation lawsuit against The Wall Street Journal.

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Story summary

Public business filings show Binance processed over $1.2 billion tied to Iran through Blessed Trust.
Blessed Trust's CEO shared a villa in Singapore with a Chinese entrepreneur tied to a US blacklist.
Investigators found large sums flowed from Blessed Trust to Iran's Revolutionary Guard.
Binance continued its relationship with Blessed Trust until January 2026 despite early warning signs.
Binance faces ongoing US investigations and a defamation lawsuit against The Wall Street Journal.