Binance boss CZ reportedly warns the coming months will be 'bumpy' for the crypto exchange, as it unfreezes USDC withdrawals

Dec 14 2022 by Business Insider

 
Changpeng Zhao, CEO of Binance.

REUTERS/Darrin Zammit Lupi

Binance's CEO warned staff of "bumpy" times ahead, after it resumed withdrawals on Tuesday.  FTX's collapse has drawn scrutiny on Binance, he said, after it faced billions of dollars of outflows in a matter of days.  Changpeng Zhao welcomed the "stress test" of withdrawals however, saying it builds credibility. 

Binance CEO Changpeng Zhao warned staff of difficult times ahead as the crypto exchange weathers scrutiny over its...

Continue Reading Binance boss CZ reportedly warns the coming months will be 'bumpy' for the crypto exchange, as it unfreezes USDC withdrawals