Binance disputes latest WSJ report on alleged Iran-linked transactions
The Block
Binance CEO Richard Teng refuted a Wall Street Journal report claiming the exchange facilitated over $850 million in Iran-linked crypto transactions.Summary
Binance has officially disputed a Wall Street Journal report alleging that the exchange facilitated $850 million in transactions tied to an Iranian financier, Babak Zanjani. CEO Richard Teng dismissed the report as "fundamentally inaccurate," asserting that transactions occurred before individuals were sanctioned and that Binance had proactively investigated the matter. A spokesperson further claimed the report conflates broader blockchain activity with direct platform flows, while noting that a defamation lawsuit against the publication remains ongoing.
(Source：The Block)