Investors have started moving assets away from Binance to lessen the impact of a shutdown if it were to happen.
Highlights
- Investors pulled over 3,400 Bitcoin (BTC) from Binance within 24 hours of CFTC suit.
- U.S.
- Commodity Futures Trading Commission sued Binance and CEO Changpeng “CZ” Zhao for regulatory violations.
- Investors have started moving assets away from the crypto exchange to lessen the impact of a shutdown if it were to happen.
- Over the last seven days, nearly 27,000 BTC left major exchanges in the last week.
- A federal judge temporarily halted a proposed deal between Voyager and Binance.US.US until a decision is made on the Department of Justice’s appeal against the bankruptcy plan.
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