We have seen various claims about Binance and other major crypto companies over the years. In February, posts about the October 10 crash being caused by Binance caused the stock market to be boycotted or attempted on a global scale. Now Binance announces that it is suing the WSJ news article that criticized US politicians.
WSJ and Binance Claims
There was a lot of sharing in February about whether the October 10 crash was orchestrated by Binance or that it was Binance that caused it. With extreme allegations, slander, lies, and perception studies with artificial intelligence videos, we have seen how hostile the players in the industry can become towards their competitors. While all this was happening, on February 23, WSJ struck gold by saying,Binance He made the headline “It makes Iran’s job easier.”
Today, the US Department of Justice launched an investigation into the Binance exchange. WSJ It was claimed by. Today’s headline was the straw that broke the camel’s back and the complaint petition was officially submitted. According to the WSJ claim, billion-dollar transactions related to Iran were ignored by Binance, and the employees who detected this during the internal audit were dismissed.
WSJ claims that these former employees spoke to them and mentions that over a billion dollars were transferred to many groups, including the Houthis, through the Binance exchange. Previously, Binance had already paid a billion dollar fine to the USA for not acting proactively regarding AML and KYC. That’s why the February 23 claims found many buyers.
Binance Filed a Lawsuit
Binance, the world’s largest cryptocurrency exchange by volume, has to fight against such claims. last month FUD And with the investigation allegations coming this month, Binance was put under a lot of pressure. They think now is the right time to take ultimate action.
Binance Global Legal Director Dugan Bliss said;
“We view this lawsuit as a necessary step to defend ourselves against misinformation, hold The Wall Street Journal accountable for prioritizing clicks over journalistic integrity, and address the significant reputational and business consequences that result.
Such news undermines trust in the industry at large and undermines the efforts of those committed to protecting users and advancing positive innovation.
We take great pride in our industry-leading compliance program and remain uncompromising in our commitment to maintaining the highest standards. “This reflects the trust placed in us by more than 300 million users worldwide who rely on our world-class security measures and user protection every day.”
Binance in numbers
The stock market says that the numbers do not lie and how meticulous they are can only be understood through numbers.
“of Iran Direct exposure to the four major crypto exchanges decreased 97.3%, from $4.19 million in January 2024 to $110,000 in January 2026. In 2025, Binance processed more than 71,000 law enforcement requests worldwide. By collaborating with law enforcement and partner networks, Binance supported the freezing and recovery of hundreds of millions of dollars linked to illegal activities in 2025.
Binance has regulatory approvals and licenses in more than 20 jurisdictions and is the first to be fully authorized under the Financial Services Regulatory Authority of the Abu Dhabi Global Market’s regulatory framework. cryptocurrency “It is the stock market.”
