Document under magnifying glass symbolizing sanctions compliance review

Binance Seeks Corrections and Retraction From Wall Street Journal Over Sanctions Report

SINGAPORE, Feb. 28, 2026 — Binance Chief Executive Officer Richard Teng said the company has sent a letter demanding immediate corrections and a full retraction of a Feb. 23 report by The Wall Street Journal that alleged internal investigators flagged more than $1 billion in cryptocurrency transactions linked to sanctioned Iranian entities and were later dismissed.