Investors pull $1.6b out of Binance after CFTC lawsuit

Investors pull $1.6b out of Binance after CFTC lawsuit

FILE PHOTO: A composition showing crypto currency with the Binance logo. Picture taken on Nov. 10, 2022. REUTERS/Dado Ruvic/File Photo

Investors withdrew $1.6 billion of cryptocurrency from crypto exchange Binance since it was sued by the U.S. CFTC on Monday, blockchain data tracker Nansen said on Wednesday.