Binance, the world’s largest crypto exchange, has filed a lawsuit against Dow Jones, publisher of The Wall Street Journal, over a February 23 article that the company calls “false and defamatory.”
The filing comes as the Journal further reported today that the U.S. Department of Justice is investigating whether Iranian networks used the exchange to move funds in violation of American sanctions.
“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 harm and business consequences that have resulted,” said Dugan Bliss, Binance’s Global Head of Litigation, in a company blog post.
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