Yes we have some interesting news, Binance may be sanctioned after all by Washington. Apparently Reuters got a full and honest confession from several Iranians and "high ranking" former Binance employees who all know Iran is banned from trading crypto on the centralized platforms due to illegitimate unilateral US sanctions, and still openly admitted to a US media how they are still "secretly" doing so on Binance.🤡

I'll make a shameful confession for the sake of this article: I have a Binance account. Yes yes I know shame on me, it's not where I started out when I made my return in crypto, but where I could have the easiest access to all those new and unfamiliar alts I discovered at the time which is why I created an account there in late 2018/early 2019. The reason I'm sharing this is to debunk the obvious illogical claim based on first hand evidence and experience: I had to KYC. That part about "Binance kept weak compliance checks on its users until last year" is complete🐎💩. There was even a huge 3rd party hack compromising users' ID for gawd sake. From what I remember at the time, Binance hired a 3rd party because their own department couldn't handle/process all the KYC applications in a reasonable time frame, so they outsourced it to where later on the hack apparently took place. Besides all this, in the past 12 months I've personally known three individuals from two separate countries who opened a Binance account, they all had to KYC in (almost) the exact same manner I did once upon a time. What's this "email only" claim coming from? Are they confusing Binance with other CEXes where this is possible for lower amounts or is there something I'm missing, does anyone have any experience with this at Binance?

The other part that's pure misdirection and disinfo is how Reuters starts babbling about Iran in the year 1979(?), "terrorism" and sanctions. They linked this to Binance's statement about how they "follows international sanction rules strictly" but anyone who paid even the slightest bit of attention knows this is entirely irrelevant regarding Iran and the current US sanctions. Just take a look at the vast number of replies to any US gov account who dares to claim otherwise:

So no Binance, these aren't "international sanctions", these are solely US sanctions enforced outside the UN on economically occupied nations who foolishly jumped into a sinkhole after WW2 and are getting more and more stuck with every passing year due to them accepting the Dollar as their undisputed reserve and linking their entire financial structure to it and thus have to abide. This became painfully obvious to even their own citizens when Trump single handedly cancelled the Iran P5+1 agreement, which was an actual international agreement ratified by the UN, and all the EU members had no choice but to abide to his will and literally start circumventing international law, while Russia and China (the non EU signatories to the agreement) refused to do so and insisted the UN resolution is still valid.

So let's fact check Reuters: Who are these "Iranians" who somehow were exempt from KYC while even operating via a VPN? You mentioned something vague about including random Iranians you saw online in your "investigative research" so you can't possibly have any factually reliable info on them, but what about those you supposedly interviewed directly? Were they dual citizenship clients of Binance? Is Reuters aware that Iranian law does not allow a citizen born in Iran to ever give up or annul their Iranian citizenship? I guess the upside of this is that unlike Snowden, Iranians will never be stateless and literally left hanging in the air but more relevant to this case, they will also be "Iranian" if they are nowadays Mexican, Armenian or German. Is this what Reuters is trying to hint at? That Binance should do more to "ban all Iranians by blood"?

This "investigative research" raises more questions than it answers, but the main point of writing this article is not the fakeness that is mainstream media, no it's to show that you should never even give a finger to tyranny and think they won't come for all your limbs later on. Binance jumped though a lot of hoops for Washington, they blocked millions of people from numerous countries, they even blocked all US citizens from their site and created a separate version solely for them and then there are the European nations who have their own separate demands from Binance which actually made them cancel several Euro deposit options to shield themselves from any backlash. All together, Binance is being pushed and pulled in all directions and this is starting to weigh heavily on them both time wise and financially and the truth is that whether you like them or not, you can't deny that they contributed a lot to the crypto sphere. So that's pretty much the main point I wanted to make, but just the sheer audacity of Reuters to try and guide their readers to the conclusion of "human rights violations by Iran so hey Binance, you should abide by US sanctions" is truly revolting and was something I could not leave unanswered. Abiding by US sanctions is what mass murdered almost half a million children in Iraq in the 90s. If there's a hell someone is burning for that one already I assure you.😉

Wait hold on, maybe I'm being way too harsh here, let's measure them up to this very same example. What did the self proclaimed "freedom from bias" Reuters have to say about this despicable person with more blood on her hands than the average US politician?

Ohhhh I guess I was wrong then, they are totally "independent and freedom from bias".😃