Binance threatens to sue WSJ for defamation over Iran sanctions report

Binance has warned it will take legal action against the Wall Street Journal (WSJ), suing the publication for defamation over its reporting on alleged Iran sanctions violations. According to BeInCrypto, Binance Co-CEO Richard Teng stated that the company has officially objected to the report. He accused the WSJ of publishing false and misleading information that damages Binance's reputation and of failing to maintain fairness and impartiality. Teng specifically denied the allegations of violating Iran sanctions and covering up an internal investigation, demanding that the report be corrected and retracted.