Binance has strongly denied a new Wall Street Journal report alleging the crypto exchange processed massive Iran-linked cryptocurrency transactions involving sanctioned entities accused of terror financing. Binance CEO Richard Teng publicly criticized the report, saying it contained fundamental inaccuracies regarding the companys compliance practices and anti-money laundering controls. The controversy centers on Iranian financier Babak Zanjani, described in the report as an antisanction operator. According to the WSJ investigation, Zanjanis network allegedly conducted nearly $850 million in… Read more





