Binance Files Lawsuit, Accusing the WSJ of False and Defamatory Reporting
Summary
Binance, the world’s largest cryptocurrency exchange, has filed a lawsuit against The Wall Street Journal (WSJ) following the publication of an article on February 23, 2026, which Binance claims was false and defamatory. The company states the article caused “significant reputational harm and business consequences” and aims to “shine the light of truth” and vindicate its reputation. Binance highlighted its robust compliance program, with over $100 million invested and 1,500 employees dedicated to compliance-related functions, and its regulatory approvals in over 20 jurisdictions, including full authorization from the Abu Dhabi Global Market's (ADGM) regulatory framework. Global Head of Litigation, Dugan Bliss, emphasized the importance of defending against misinformation and upholding industry trust, noting that Binance serves over 300 million users globally and is committed to security and user protection.
(Source:Australian Associated Press)