Home Exchange News Binance CEO CZ Updates Over Crypto Bank Runs

Binance CEO CZ Updates Over Crypto Bank Runs

  • $360 million was cashed out from Binance on the 6th of January.
  • The platform shares the expertise to minimize and eradicate illegal activities.

Changpeng Zhao (CZ), CEO of the world’s largest cryptocurrency exchange has expressed his regrets about the media and their reporting. As mentioned in his tweet, the crypto-related publications delivered detailed reporting about the outflow of funds from Binance during the month of December 2023. But he considers the media is negligent in coverage of the inflow and reverts back of funds.