Crypto investors pull over $1 billion out of Binance ...News

The outflow follows a huge fine on the exchange and criminal charges against its former CEO in the US   The world’s largest crypto exchange Binance saw a sharp uptick in withdrawals after its founder and CEO Changpeng Zhao pleaded guilty to criminal and civil charges in the US, it was reported on Wednesday. The company also faces over $4 billion in fines. Outflows from Binance have amounted to more than $1 billion in the past 24 hours, not including bitcoin, market data revealed. Its liquidity has dropped 25% over the same period as market players pulled back their positions, according to data provider Kaiko. Bin

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