[Binance Refutes WSJ Report: Binance Did Not Allow Sanctioned Individuals to Trade, Relevant Transactions Occurred Before Sanctions] Binance Co-Chief Executive Officer Richard Teng stated on the X platform: 'The Wall Street Journal's report contains fundamental inaccuracies at the factual level and misrepresents Binance's commitment to a robust compliance framework. Binance has never allowed any user on the platform to trade with sanctioned individuals. The transactions mentioned by The Wall Street Journal occurred before the individuals in question were added to the sanctions list. Before The Wall Street Journal reached out, Binance had already proactively investigated these issues and provided the findings to the publication, but they chose not to publish them. Binance has zero tolerance for illegal activities and has established and operates an industry-leading, continuously improving compliance system. Binance will continue to work closely with U.S. and global law enforcement agencies to combat financial crime.'