{"id":4791,"date":"2023-11-23T15:32:33","date_gmt":"2023-11-23T13:32:33","guid":{"rendered":"https:\/\/www.dhcab.com\/?p=4791"},"modified":"2023-11-23T15:32:33","modified_gmt":"2023-11-23T13:32:33","slug":"binance-funds-outflow-totaled-956-million-after-zhao-left-his-post","status":"publish","type":"post","link":"https:\/\/www.dhcab.com\/?p=4791","title":{"rendered":"Binance funds outflow totaled $956 million after Zhao left his post"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"auto\">Binance funds outflow totaled $956 million after Zhao left his post<\/p>\n<p>Investors have withdrawn about $956 million from crypto exchange Binance over the past 24 hours after its CEO Changpeng Zhao resigned following his guilty plea on Tuesday to settle a years-long investigation into illegal financing in the United States, according to market data.<\/p>\n<p>Zhao was replaced by Richard Teng, a top Binance executive who joined the company in 2021, the company said in a statement.<\/p>\n<p>Data from crypto-analytics platform Nansen, which does not account for bitcoin flows, suggests that some investors were shocked by the news and withdrew $956 million.<\/p>\n<p>However, according to Nansen, the outflows were small compared to the more than $65 billion in assets remaining on Binance.<\/p><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Binance funds outflow totaled $956 million after Zhao left his post Investors have withdrawn about $956 million from crypto exchange Binance over the past 24 hours after its CEO Changpeng Zhao resigned following his guilty plea on Tuesday to settle a years-long investigation into illegal financing in the United States, according to market data. Zhao [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4792,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-4791","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-issues"],"_links":{"self":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4791"}],"version-history":[{"count":0,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4791\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/media\/4792"}],"wp:attachment":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}