Per CNBC: Changpeng Zhao said that Binance has stabilized and is handling withdrawals.
CZ said, per CNBC, that $1.14 billion were withdrawed on Tuesday.
He added that the deposits have since continued to increase.
He added that central exchanges should be 1:1.
He also many big four firms do not know how to audit crypto exchanges.
CZ of Binance said many big four firms do not know how to audit crypto exchanges
12/16/2022
X/Twitter Money will be FDIC insured up to $250,000
6/7/2025 10:49 PMRepresentative Thomas Massie introduces a bill to audit US gold reserves
6/7/2025 10:46 PMTrump says again: "Will take a look at Elon Musk's government contracts"
6/7/2025 10:45 PMTrump: Elon Musk has disrespected the office of the US president
6/7/2025 10:38 PM
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