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60 Binance Sues WSJ, Panicked By Gov't Probes Into Sanctioned Crypto Transfers

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BeauHD @ Slashdot 2 place · today 15:03 EDT

Binance Sues WSJ, Panicked By Gov't Probes Into Sanctioned Crypto Transfers

An anonymous reader quotes a report from Ars Technica: Binance is hoping that suing (PDF) The Wall Street Journal for defamation might help shake off a fresh round of government probes into how the cryptocurrency exchange failed to detect $1.7 billion in transfers to a network that was funding Iran-backed terror groups. The lawsuit comes after a Wall Street Journal investigation, based on conversations with insiders and reviews of internal documents, reported that Binance had quietly dismantled its own inve

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