Investors withdrew over $790 million from Binance in 24 hours

Over the past 24 hours, investors have withdrawn more than $790 million from the Binance cryptocurrency exchange, the world's largest in terms of transaction volume. This information is reported by Reuters, citing data from Nansen.

According to these data, Binance recorded a net outflow of cryptocurrency tokens on the Ethereum blockchain in the amount of $778.6 million in a day, and its American affiliate Binance.US noted a net outflow of $13 million.

Yesterday, the US Securities and Exchange Commission (SEC) announced the filing of a lawsuit in federal court against Binance and its CEO Changpeng Zhao. The SEC accused them of violating 13 points of the US Securities Regulations. Among these violations are the unregistered activities of the exchange, broker-dealer and clearing agencies, the misrepresentation of information about the control and supervision of trading on the platform, as well as the unregistered offer and sale of securities.