Binance filed a lawsuit after the Wall Street Journal reported a Justice Department probe into Iran’s alleged use of the exchange to avoid sanctions. Update, March 11, 1:00 pm UTC: This article has been updated to add a statement by Binance that the exchange filed a defamation lawsuit against the Wall Street Journal. Binance said Wednesday it is suing the Wall Street Journal after the newspaper reported that the US Justice Department was investigating whether Iran used the crypto exchange to evade US sanctions. Binance filed a defamation lawsuit against the Journal in the Southern District of New York, seeking damages and legal fees, and demanding a jury trial. Read more