Binance Denies Allegations of Inaccurate Reporting by The Wall Street Journal

Binance, a leading cryptocurrency exchange, has issued a statement in response to recent allegations made by The Wall Street Journal.

The news outlet had published an article claiming that Binance had fired an employee who uncovered a $1 billion transfer with Iranian links. However, according to Binance, the report contained 'serious inaccuracies' and damaged the company's reputation.

Binance Co-CEO Richard Teng stated that corrections were offered to the journalist before publication, but were ignored.