Binance claims the Wall Street Journal published false information regarding its compliance practices, with the exchange maintaining that no sanctions violations occurred and promising to report to the U.S. Justice Department.
Binance accused The Wall Street Journal of defamation, refuting claims that it fired investigators over concerns regarding funds moving to Iran-linked entities. The company asserts that staff resigned, not fired, and its internal review found no sanctions violations. Binance further emphasized its controls were effective and promised a full report to the U.S. Justice Department on Feb. 25.