Binance Withdrawal Surges, Sees $231M in Net Outflows Amid SEC Charges
The world’s largest crypto exchange was sued by SEC on Monday, alleging multiple securities law violations. Cryptocurrency traders are withdrawing funds from crypto exchange Binance as the U.S. Securities and Exchange Commission (SEC) sued the company and its CEO Changpeng “CZ” Zhao for violating federal securities law on Monday. Blockchain data shows that the exchange…
