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Headline: "Binance served crypto traders in Iran despite US sanctions" Content: "Binance banned Iranian users after sanctions, 7 got missed/found a workaround,

Headline: "Binance served crypto traders in Iran despite US sanctions" Content: "Binance banned Iranian users after sanctions, 7 got missed/found a workaround, they were banned later anyways"

jchiu1106 4y ago
Reuters is deliberately ruining their own credibility.
- sfusato 4y ago
  Do they still have one though?
duxup 4y ago
I don’t think those are all that different headlines. Folks who expect the headline to be extra detailed will always be dissatisfied IMO. It’s on the individual to read the story. Folks who don’t will misunderstand regardless. But to be clear I’ve got no problem with your clarification here either.
- vgatherps 4y ago
  Despite being technically correct, "Binance continued serving Iranians despite sanctions" doesn't imply "Binance stopped serving Iranians and later caught more that fell through the cracks". I would definitely have gotten marked down in school if I submitted an article where the headline was such inaccurate summary of the story. It's not even like there's nothing to be seen! "Binance may have turned a blind eye to and encouraged VPN usage" would have been a much better summary!
  - bombcar 4y ago
    I feel headlines in papers were a bit more "legitimate" but now in the era of click-bait they're as sensational as they can be whilst not being technically incorrect. I try to guess what the headline means before reading the article; if I guessed wrong I downgrade that source.
  - 323 4y ago
    You need a special parser for Reuters headlines. They are to be taken exactly as written, since they are designed to be displayed as one liners in a financial terminal, like in this image: https://i.insider.com/4bc623be7f8b9a2b3a870500 https://i.insider.com/4bc623be7f8b9a2b3a870500 They actually put a lot of work into their titles.
- anonporridge 4y ago
  They are incredibly different headlines. The former reinforces preconceived notions that all crypto organizations are criminal and blatantly violate the law. The latter presents a nuanced situation of the difficulties of complying with international sanctions as an internet company. It's naive to think that headlines aren't explicitly designed to not only be clickbait, but also to incept and reinforce false ideas in the minds of the vast majority who won't read the story in detail. Even if it is our individual responsibility to read the story before forming opinions, that's not the reality.
deleted 4y ago
[deleted]
d23 4y ago
The article mentions 7 people they directly interviewed, another 11 that claim to have done it publicly but didn't respond to their questions, and says: > The exchange's popularity in Iran was known inside the company. Senior employees knew of, and joked about, the exchange's growing ranks of Iranian users, according to 10 messages they sent to one another in 2019 and 2020 that are reported here for the first time. "IRAN BOYS," one of them wrote in response to data showing the popularity of Binance on Instagram in Iran. The implication of the article is not that 7 people did it. It's that the platform is widely popular in Iran.
- vgatherps 4y ago
  That's a fair but, but is a drastically different story than what the headline implies. "Internal messages indicate that Binance might have turned a blind eye to Iranians using VPNs (and later banned them)" is a much weaker claim than "Binance continued serving Iranians despite sanctions" As I mentioned in a different comment, the headline might be technically true, and there's definitely a story, but the headline paints a drastically different picture than the article. Almost every line of "we found someone in Iran who had gotten in" is followed by "they got banned later"
  - d23 4y ago
    Agree to disagree I guess. Reuters clearly believes the story is that there was widespread use in Iran for at least two years after the sanctions went into effect and that Binance was aware. Given that, this headline doesn't seem beyond the pale: > Binance served crypto traders in Iran despite U.S. sanctions
M_jahanpour 4y ago
It is true that I am an Iranian and I use Binance services in Iran
Iranian 4y ago

Headline: "Binance served crypto traders in Iran despite US sanctions" Content: "Binance banned Iranian users after sanctions, 7 got missed/found a workaround, they were banned later anyways"

jchiu1106 4y ago

Reuters is deliberately ruining their own credibility.

sfusato 4y ago
Do they still have one though?

duxup 4y ago

I don’t think those are all that different headlines. Folks who expect the headline to be extra detailed will always be dissatisfied IMO. It’s on the individual to read the story. Folks who don’t will misunderstand regardless. But to be clear I’ve got no problem with your clarification here either.

vgatherps 4y ago
Despite being technically correct, "Binance continued serving Iranians despite sanctions" doesn't imply "Binance stopped serving Iranians and later caught more that fell through the cracks". I would definitely have gotten marked down in school if I submitted an article where the headline was such inaccurate summary of the story. It's not even like there's nothing to be seen! "Binance may have turned a blind eye to and encouraged VPN usage" would have been a much better summary!
- bombcar 4y ago
  I feel headlines in papers were a bit more "legitimate" but now in the era of click-bait they're as sensational as they can be whilst not being technically incorrect. I try to guess what the headline means before reading the article; if I guessed wrong I downgrade that source.
- 323 4y ago
  You need a special parser for Reuters headlines. They are to be taken exactly as written, since they are designed to be displayed as one liners in a financial terminal, like in this image: https://i.insider.com/4bc623be7f8b9a2b3a870500 https://i.insider.com/4bc623be7f8b9a2b3a870500 They actually put a lot of work into their titles.
anonporridge 4y ago
They are incredibly different headlines. The former reinforces preconceived notions that all crypto organizations are criminal and blatantly violate the law. The latter presents a nuanced situation of the difficulties of complying with international sanctions as an internet company. It's naive to think that headlines aren't explicitly designed to not only be clickbait, but also to incept and reinforce false ideas in the minds of the vast majority who won't read the story in detail. Even if it is our individual responsibility to read the story before forming opinions, that's not the reality.

deleted 4y ago

[deleted]

d23 4y ago

The article mentions 7 people they directly interviewed, another 11 that claim to have done it publicly but didn't respond to their questions, and says: > The exchange's popularity in Iran was known inside the company. Senior employees knew of, and joked about, the exchange's growing ranks of Iranian users, according to 10 messages they sent to one another in 2019 and 2020 that are reported here for the first time. "IRAN BOYS," one of them wrote in response to data showing the popularity of Binance on Instagram in Iran. The implication of the article is not that 7 people did it. It's that the platform is widely popular in Iran.

vgatherps 4y ago
That's a fair but, but is a drastically different story than what the headline implies. "Internal messages indicate that Binance might have turned a blind eye to Iranians using VPNs (and later banned them)" is a much weaker claim than "Binance continued serving Iranians despite sanctions" As I mentioned in a different comment, the headline might be technically true, and there's definitely a story, but the headline paints a drastically different picture than the article. Almost every line of "we found someone in Iran who had gotten in" is followed by "they got banned later"
- d23 4y ago
  Agree to disagree I guess. Reuters clearly believes the story is that there was widespread use in Iran for at least two years after the sanctions went into effect and that Binance was aware. Given that, this headline doesn't seem beyond the pale: > Binance served crypto traders in Iran despite U.S. sanctions

M_jahanpour 4y ago

It is true that I am an Iranian and I use Binance services in Iran

Iranian 4y ago