WSJ ALLEGES BINANCE SUPPORTED IRAN IN TRANSFERRING $850 MILLION, BINANCE RESPONDS "THAT'S A FLAT-OUT LIE"
The Wall Street Journal has published a report claiming that Binance facilitated up to $850 million in crypto transactions related to Iran through individuals and organizations under sanctions. The report alleges that the platform has not fully implemented measures to prevent funds related to sanctioned entities.
Shortly after, Binance issued a strong rebuttal, stating that the WSJ article is "false" and continues to be part of a prolonged smear campaign against the exchange. Binance mentioned that they have heavily invested in compliance systems, anti-money laundering efforts, and are collaborating with various global regulators to monitor suspicious activities on the platform.
⭐️ Sign up for a Binance account to receive a permanent 20% rebate on Spot, Futures, and Margin trading fees:
➡️ Refund link: https://accounts.binance.com/register?ref=KO2C41E8
- Referral code: KO2C41E8
The Wall Street Journal has published a report claiming that Binance facilitated up to $850 million in crypto transactions related to Iran through individuals and organizations under sanctions. The report alleges that the platform has not fully implemented measures to prevent funds related to sanctioned entities.
Shortly after, Binance issued a strong rebuttal, stating that the WSJ article is "false" and continues to be part of a prolonged smear campaign against the exchange. Binance mentioned that they have heavily invested in compliance systems, anti-money laundering efforts, and are collaborating with various global regulators to monitor suspicious activities on the platform.
⭐️ Sign up for a Binance account to receive a permanent 20% rebate on Spot, Futures, and Margin trading fees:
➡️ Refund link: https://accounts.binance.com/register?ref=KO2C41E8
- Referral code: KO2C41E8