An advertisement for the largest cryptocurrency bitcoin on display in Hong Kong on Feb. 17, 2022. Photo: AP
An advertisement for the largest cryptocurrency bitcoin on display in Hong Kong on Feb. 17, 2022. Photo: AP
FTX

Binance puts up a brave face even as investors pulled US$6 billion in 3 days from the world’s largest cryptocurrency exchange

  • Traders withdrew US$6 billion between December 12 and 14, Binance acknowledged
  • Binance would sell roughly US$530 million of FTT – the coin minted by FTX – still in its possession. The stash was valued at US$2.1 billion in November

An advertisement for the largest cryptocurrency bitcoin on display in Hong Kong on Feb. 17, 2022. Photo: AP
An advertisement for the largest cryptocurrency bitcoin on display in Hong Kong on Feb. 17, 2022. Photo: AP
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