Binance CEO Richard Teng has publicly refuted a Wall Street Journal report regarding the exchange's compliance practices. Teng stated that the report contains fundamental inaccuracies, specifically denying that Binance allowed sanctioned individuals to conduct transactions on its platform. He clarified that the transactions mentioned occurred before the individuals were sanctioned. Furthermore, Teng noted that Binance had proactively investigated the issues before being contacted by the Wall Street Journal and had provided factual information that was not published in the report.