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Crypto exchange Binance hit by outflows of $780 million in last 24 hours - Nansen

June 6, 2023 5:01 AM EDT

FILE PHOTO: Biance app is seen on a smartphone in this illustration taken July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

LONDON (Reuters) - Investors have pulled around $780 million from crypto exchange Binance in the last 24 hours, data firm Nansen said on Tuesday, a day after the world's biggest crypto exchange was sued by the U.S. Securities and Exchange Commission.

Binance's U.S. affiliate exchange registered net outflows of $13 million in the same period, Nansen said. Neither Binance nor Binance.US immediately responded to a request for comment.

(Reporting by Tom Wilson, editing by Alun John)



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Cryptocurrency, Reuters