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Binance See Withdrawals of $1.9 Billion in Last 24 Hours, Data Firm Nansen Says

mardi 13 décembre 2022, 17:01 , par Slashdot
Binance has seen withdrawals of $1.9 billion in the last 24 hours, blockchain data firm Nansen said on Tuesday, as the world's biggest crypto exchange said it had 'temporarily paused' withdrawals of the USDC stablecoin. From a report: Scrutiny of how crypto exchanges such as Binance and its now-bankrupt former rival FTX handle customer deposits is under close scrutiny from users and regulators. FTX's founder Sam Bankman-Fried was charged by the U.S. Securities and Exchange Commission on Tuesday with defrauding investors. Binance, whose dominance of crypto was cemented by the fall of FTX, last week tweeted a so-called proof-of-reserves report by audit firm Mazars. The report showed its holdings of bitcoin exceeded customer deposits on a single day in November. The $1.9 billion ethereum-based withdrawals marks the largest daily outflow over a 24-hour period since June 13, the Nansen data showed, and accounted for the majority of the funds being pulled in the last seven days.

Read more of this story at Slashdot.
https://slashdot.org/story/22/12/13/1526252/binance-see-withdrawals-of-19-billion-in-last-24-hours-d...
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