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Why Binance Is Suing the Wall Street Journal | CoinDesk Daily

CoinDesk Podcast Network

CoinDesk

Business News, Daily News, News, Tech News

4.7698 Ratings

🗓️ 11 March 2026

⏱️ 2 minutes

🧾️ Download transcript

Summary

Binance sues the Wall Street Journal for alleged defamation. Binance has filed a defamation lawsuit against The Wall Street Journal over a February article claiming the U.S. Department of Justice is investigating the exchange for transactions linked to Iran. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily." - Nexo is the premier digital wealth platform. Receive interest on your crypto, borrow against it without selling, and trade a range of assets. Now available in the U.S with 30 days of exclusive privileges. Get started at nexo.com/coindesk. - This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

Transcript

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0:00.0

Hey everyone, you're watching CoinDesk Daily. I'm your host, Jen Sanassi.

0:10.1

Discover Nexo, the premier digital wealth platform, now in the U.S.

0:14.1

Get started today at nexo.com slash coin desk.

0:17.2

Finance, the world's largest crypto exchange is suing the Wall Street Journal after the

0:21.4

newspaper reported that the U.S. Department of Justice is investigating transactions involving

0:26.3

Iran. The situation adds pressure on Binance, which is already operating under compliance

0:31.2

monitor following its $4.3 billion anti-money laundering and sanctioned settlement in 2023.

0:37.4

In a complaint filed in the U.S. District Court for the Southern District of New York,

0:41.2

Finance said the newspaper published, quote, false and defamatory statements about its compliance

0:45.9

practices and its handling of Iranian linked transactions in an article published on February 23rd.

0:51.3

The journal reported that DOJ officials contacted individuals with knowledge of

0:55.5

the transactions as they gathered evidence tied to cryptocurrencies that moved through the platform,

0:59.8

citing people familiar with the matter. Meanwhile, Binance, PayPal, and Ripple are joining MasterCard's

1:05.4

latest push into blockchain payments. MasterCard has launched a new crypto partner program with

1:10.4

more than 85 companies

1:11.7

aiming to connect blockchain technology with its global payments infrastructure. The initiative

1:16.3

focuses on practical use cases such as cross-border transfers, business-to-business payments,

1:21.4

and global payouts linking on-chain tools with existing payment rails. The program builds on

1:26.2

MasterCard's earlier crypto efforts

1:27.8

and mirror similar moves by rivals like Visa. As traditional payment networks look to integrate

1:32.8

digital assets while navigating regulatory and operational challenges. And finally, February

1:38.2

CPI rose 0.3% for the month and 2.4% year over year in line with market forecasts and reinforcing expectations

...

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