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Binance CEO Changpeng Zhao Tries to Reassure Customers After Big Withdrawals

By
Aidan Ryan
· · Source: The Information

Customers of the global crypto exchange Binance rushed to withdraw roughly $1.14 billion on Tuesday, leading Binance CEO Changpeng Zhao to try and reassure customers and staff. “We saw some withdrawals today (net $1.14b ish),” Zhao tweeted on Tuesday. “We have seen this before. Some days we have net withdrawals; some days we have net deposits. Business as usual for us.” How crypto exchanges...

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