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Binance Files Defamation Lawsuit Against Wall Street Journal

Published by
Sohrab Khawas

Binance has filed a lawsuit against The Wall Street Journal over a February 23 report alleging the exchange stopped investigating $1.7 billion in crypto flows linked to Iran-connected networks after Donald Trump pardoned founder Changpeng Zhao. Binance strongly denies the claims, saying it continued the probe, removed related accounts, and shared corrections before publication. The company, previously fined $4.3 billion in 2023, is seeking a jury trial, calling the article misleading and damaging.

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Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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