Binance sues The Wall Street Journal over allegedly false reporting that led to DOJ probe
Binance is suing The Wall Street Journal over a report alleging false information that prompted a DOJ investigation.Summary
Binance filed a lawsuit against The Wall Street Journal (WSJ) for publishing what it deems a false and defamatory report on February 23, 2026, which the exchange claims led to an unnecessary Department of Justice (DOJ) probe. The WSJ report, along with one from The New York Times, alleged that Binance processed nearly $2 billion in transfers linked to Iran and maintained about 2,000 associated accounts, aided by partners like Hexa Whale and Blessed Trust. These reports also suggested that Binance employees who raised internal concerns were suspended or fired. Binance asserts that its compliance program has effectively reduced illicit exposure and that it cooperated with law enforcement after identifying suspicious Iranian activity. The lawsuit aims to defend the company against misinformation and hold the WSJ accountable for prioritizing clicks over accurate journalism.
(Source：Crypto Briefing)