Quick Take Binance has experienced aggressive outflows, with approximately 8,000 Bitcoin (to the tune of $288 million) departing from the platform in the wake of CEO Changpeng Zhao’s guilty plea to money laundering charges. In the past 12 hours, Binance has decreased its exchange balance from 665,000 Bitcoin to 657,000 Bitcoin. This trend, while alarming, […]
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Binance hit with $288 million Bitcoin exodus following CEO money laundering plea