Binance Accused of Facilitating $1.7 Billion in Iranian Terror Financing Transfers

A new report by the Amit Terrorism and Intelligence Research Institute (ITIC) alleges that Binance enabled the transfer of over $1.7 billion linked to Iranian terrorist financing networks.

The report, authored by Dr. Udi Levi and published on August 13, 2026, states that US Department of Justice investigations found Binance 'enabled the transfer of more than $1.7 billion' from accounts belonging to customers and proxies connected to Iranian terrorist financing networks.

Despite sanctions on Iran, the platform allegedly allowed more than 2,000 accounts physically located in the country to operate freely.