A certain CEX responds to U.S. Senator's anti-money laundering inquiry, claiming media reports are inaccurate.

Gate News reports that on March 6, a certain CEX issued a statement in response to a February 24 inquiry from U.S. Senator Richard Blumenthal regarding anti-money laundering issues. The platform stated that the inquiry was based on recent media reports containing false, unsubstantiated, and defamatory allegations, and that the company has a strict and continuously improving compliance and sanctions control system.

The platform said it has established rigorous KYC and compliance procedures, explicitly prohibiting users located in or residing in Iran from using the platform. Regarding the entities Hexa Whale and Blessed Trust mentioned in the letter, the platform stated that after cooperating with law enforcement investigations, it launched internal investigations and removed these entities from the platform in August 2025 and January 2026, respectively. As far as they know, no accounts have directly transacted with Iranian entities.

Data shows that the platform has invested hundreds of millions of dollars in building compliance infrastructure in recent years, with a global compliance team exceeding 1,500 members. In 2025 alone, it handled over 71,000 law enforcement requests. Over the past three years, it has assisted law enforcement in freezing or recovering more than $752 million, with approximately $579 million coming from U.S. government cases.

Blockchain analysis indicates that from January 2024 to July 2025, the proportion of wallet transactions involved in suspected illegal activities decreased from 0.284% to 0.009%, a decline of nearly 97%. The risk exposure of Iranian-related crypto exchanges dropped 97.3% over two years. The platform stated it will continue to strengthen its compliance system and law enforcement cooperation.