Binance, the world's biggest crypto exchange, is now under intense scrutiny after the FTX debacle. Here are 5 things you need to know.

Dec 18 2022 by Business Insider

 
Binance CEO Changpeng Zhao.

Photo by Pedro Fiúza/NurPhoto via Getty Images

Investors are worried that cracks are starting to appear at Binance after the shocking collapse of FTX. The crypto exchange giant faces questions about its reserves, and it is under investigation by the DOJ. As the crypto market lose confidence in the exchange, its CEO warned staff of "bumpy" times ahead. 

Customers drained billions of dollars from Binance's crypto platform last week — just one reason the spotlight...

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