DOJ investigates Iran’s alleged use of Binance as exchange sues Wall Street Journal
Binance sued the Wall Street Journal's publisher for defamation over a report alleging a DOJ investigation into Iran's use of the exchange.Summary
Binance filed a defamation lawsuit against Dow Jones, the publisher of The Wall Street Journal, after the newspaper reported that the U.S. Department of Justice (DOJ) is investigating whether Iran utilized the crypto exchange to move funds in violation of American sanctions. The lawsuit, filed in the Southern District of New York, claims the Journal published "false and defamatory statements" regarding Binance's compliance practices and handling of Iranian-linked transactions in an article published on February 23rd. The Journal's report cited sources familiar with the situation who stated that DOJ officials were gathering evidence by contacting individuals knowledgeable about the transactions. This legal action adds further pressure on Binance, which is already operating under a compliance monitor following its $4.3 billion anti-money laundering and sanctions settlement in 2023.
(Source：CoinDesk)