Crypto Investors Withdraw Funds Following Binance CEO Resignation

Adekunle Joshua

Following the news of CEO CZ stepping down, Binance is experiencing significant withdrawal activity

Crypto investors are withdrawing their funds from Binance due to concerns about the company's future

Despite this, Binance assures that it is operational and holding sufficient reserves to fulfill all withdrawal requests

The value of BNB has declined in the past day, nullifying all the gains

The shift of institutional investors to other exchanges suggests a potential loss of confidence in Binance