Binance Files Defamation Lawsuit Against Wall Street Journal
Binance is suing the Wall Street Journal over a report alleging it halted investigations into crypto flows linked to Iran.Summary
Binance has filed a defamation lawsuit against The Wall Street Journal in response to a February 23rd article. The article claimed Binance ceased investigating $1.7 billion in cryptocurrency transactions connected to Iran-linked networks following Donald Trump’s pardon of founder Changpeng Zhao. Binance vehemently denies these allegations, asserting that the investigation continued, related accounts were removed, and corrections were offered to the publication prior to its release. The company, which was previously fined $4.3 billion in 2023, is requesting a jury trial, arguing the article is both misleading and damaging to its reputation. Binance contends it shared corrections with the WSJ before publication, but these were not incorporated.
(Source：Coinpedia)