Binance Co-CEO Richard Teng has accused the Wall Street Journal of publishing defamatory statements about the company's compliance program. Teng announced on the X platform that Binance has sent a letter to the publication, demanding immediate corrections and a full retraction of the alleged false statements. Binance asserts that recent reports on its compliance with sanctions were based on incomplete and inaccurate information. In a statement, Binance highlighted its efforts to reduce exposure to Iranian cryptocurrency exchanges, cutting direct exposure by over 97.3% from $4.19 million to $110,000 between January 2024 and January 2026. The company maintains that the reports do not reflect the full facts or the complete investigation records.