A staggering $200 million has exited Binance’s reserves and market players are connecting to move to CZ’s recent revelation. 
The former Binance CEO confirmed that he had reached a plea deal with U.S. authorities after receiving federal charges.
The market is getting progressively chaotic for Binance, one of the world’s most valued cryptocurrency exchanges in the world. The exchange has seen its reserve decline by $200 million following the exit of Changpeng Zhao, its founder and former CEO.
Last week, the cryptocurrency market was rocked by a post from Changpeng Zhao, popularly known as CZ, in which he detailed his decisions to step down as the CEO of Binance. Following his official statement, the exchange recorded a significant outflow of funds.
Investors and market players were notably withdrawing their funds from Binance and moving it to Coinbase, a perceived rival exchange. At present, Binance’s reserves have declined by a staggering $200 million. On the flip side, Coinba

Czytaj więcej

We współpracy z: https://www.crypto-news-flash.com/binances-bitcoin-reserves-plummet-200-million-czs-legal-woes-shake-the-market/?utm_source=rss&utm_medium=rss&utm_campaign=binances-bitcoin-reserves-plummet-200-million-czs-legal-woes-shake-the-market