Binance withdrawals jump to $3 billion in 24 hours, research firm says | CNN Business

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Investors withdrew as much as $3 billion from Binance on Tuesday, according to blockchain analytics firm Nansen, as the world’s largest cryptocurrency exchange confronted investor jitters amid a deluge of negative headlines about the industry

. Andrew Thurman, content lead for Nansen, told CNN that at its peak, Binance saw “as high as $3 billion in net outflows” over a 24-hour basis. A report about an ongoing investigation by the US Justice Department into the exchange was a factor in investors’ nervousness, he said.

In a statement to CNN, Binance said that, “as has been reported widely, regulators are doing a sweeping review of every crypto company.” “This nascent industry has grown quickly and Binance has shown its commitment to security and compliance through large investments in our team as well as the tools and technology we use to detect and deter illicit activity,” a spokesperson added.

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THEY SHOULD HAVE MADE THEM IN DOMINO'S SHAPES

swimming champion ParhamParvari 25 from Saqez, arrested on Oct2 for blocking street during protest in Tehran. He is accused of 'Muharebeh', i.e. 'struggle against God', by the Regime. The penalty for this crime is execution. Take action against this brutal regime! پرهام_پروری

Give and you shall receive! The gift that didn’t keep on giving

Wow look they had customers withdrawal a large amount of money and didn't go bankrupt like FTX...

Not your keys not your crypto 🤗

Ponzi

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