On February 14th, CZ responded on social media to a report by Fortune titled “CEX Dismisses Senior Investigator Over $1 Billion USDT Funds Flow Related to Iran,” stating: I don’t know the specific details or the parties involved, but from the article itself, there are contradictions. No matter how this is reported, there are points that can be scrutinized. If this news is true, it also means that third-party tools (which law enforcement also uses) have not detected anything. As long as someone finds a “dissatisfied” or bribed “anonymous source” to spread panic, the media can attach a negative label to anything. CEX CEO He Yi also posted, stating that any compliant employee handles various cases. The fact is, CEX has been proactively initiating criminal investigations, submitting the results to law enforcement, and helping users prevent potential fraud losses. However, we also need to continue talent upgrades, as greater investment and higher standards in compliance are what enable these achievements. Previously, BlockBeats reported that Fortune claimed CEX recently dismissed multiple compliance investigators. According to internal documents, these investigators reported internally that between March 2024 and August 2025, entities related to Iran received over $1 billion through CEX, with transactions using stablecoin Tether (USDT), settled on the Tron network, potentially violating US sanctions.
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CZ responds to Fortune's report: Contradictory and sensationalized, CEX is merely a normal talent upgrade
On February 14th, CZ responded on social media to a report by Fortune titled “CEX Dismisses Senior Investigator Over $1 Billion USDT Funds Flow Related to Iran,” stating: I don’t know the specific details or the parties involved, but from the article itself, there are contradictions. No matter how this is reported, there are points that can be scrutinized. If this news is true, it also means that third-party tools (which law enforcement also uses) have not detected anything. As long as someone finds a “dissatisfied” or bribed “anonymous source” to spread panic, the media can attach a negative label to anything. CEX CEO He Yi also posted, stating that any compliant employee handles various cases. The fact is, CEX has been proactively initiating criminal investigations, submitting the results to law enforcement, and helping users prevent potential fraud losses. However, we also need to continue talent upgrades, as greater investment and higher standards in compliance are what enable these achievements. Previously, BlockBeats reported that Fortune claimed CEX recently dismissed multiple compliance investigators. According to internal documents, these investigators reported internally that between March 2024 and August 2025, entities related to Iran received over $1 billion through CEX, with transactions using stablecoin Tether (USDT), settled on the Tron network, potentially violating US sanctions.