cryptocurrency

Crypto exchange Binance sees outflows of $956 mln in last 24 hours … – Reuters


Illustration shows smartphone with displayed Binance logo

Smartphone with displayed Binance logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June 8, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights

Nov 22 (Reuters) – Investors pulled about $956 million from crypto exchange Binance over the past 24 hours, data firm Nansen reported on Wednesday, a day after its chief, Changpeng Zhao, stepped down and pleaded guilty to breaking U.S. anti-money laundering laws.

The data only includes flows on the ethereum blockchain, Nansen analysts said.

Binance did not immediately respond to a Reuters request for comment.

Reporting by Lisa Pauline Mattackal in Bengaluru; Editing by Anil D’Silva

Our Standards: The Thomson Reuters Trust Principles.

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