Binance exchange daily BTC withdrawals top $500M as CZ says ‘FUD helps us grow’

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Binance exchange daily BTC withdrawals top $500M as CZ says ‘FUD helps us grow’
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Giant crypto exchange Binance experienced withdrawals totaling 30 thousand Bitcoin on Dec 13. According to CZ, 'FUD helps us grow, even though they are thoroughly annoying'.

) withdrawals from largest crypto exchange Binance have passed $500 million in the past 24 hours as its CEO calls out “FUD.”that Binance’s BTC balance decreased by over 30,000 BTC into Dec. 13.The latest hotspot for fallout from the FTX debacle, Binance has joined exchanges seeing an exodus of user funds.

According to Coinglass, users withdrew 30,300 BTC in the 24 hours to the time of writing, this accounting for the majority of the week’s 40,150 BTC total. The abnormal behavior comes as Binance battles what its CEO, Changpeng Zhao blanketed as “FUD” on social media.after a report in Reuters suggested that the exchange would become a target of a United States money laundering lawsuit.Thereafter, however, reports of

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