Binance and its US affiliate hit by net outflows of $790m in last 24 hours

Binance and its US affiliate hit by net outflows of $790m in last 24 hours

FILE PHOTO: Binance logo is seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration

Investors have pulled around $790 million from the crypto exchange Binance and its U.S. affiliate in the last 24 hours, data firm Nansen said on Tuesday, a day after a top U.S. regulator sued both exchanges.