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Binance Sees $1B Net Outflow In 24 Hours After CZ Plead Guilty

Bitcoin Reddit

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The largest crypto exchange, Binance has recorded a net outflow of nearly $1 billion in the past 24 hours as its founder Changpeng Zhao aka CZ pleads guilty over money laundering charges on November 21.

A Dune dashboard by 21.co, shares that Binance had an inflow of approximately $1.78 billion in the past 24 hours whereas it has outflow of over $2.73 billion. Both these amounts put the exchange with a net outflow of $946 million.

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