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Binance users pull more than $1 billion from the exchange after CEO leaves, pleads guilty

by Editor November 23, 2023, 7:51 am 1.8k Views

Binance users pull more than $1 billion from the exchange after CEO leaves, pleads guilty

Binance cofounder and CEO Changpeng Zhao speaks during the 2022 Web Summit in Lisbon, Portugal, on Nov. 1, 2022.

Ben Mcshane | Sportsfile | Getty Images

Outflows from Binance have amounted to more than $1 billion in the past 24 hours, not including bitcoin, according to data from blockchain analysis firm Nansen, after founder and CEO Changpeng Zhao stepped down and pleaded guilty Tuesday in a deal with the Department of Justice.

Meanwhile,…

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