Binance's books are a black box, filings show, as crypto giant tries to rally confidence - MENA NEWS | Press release distribution to media in UAE and MENA regions

By Tom Wilson, Angus Berwick and Elizabeth Howcroft

LONDON (Reuters) – The world’s biggest crypto exchange, Binance, is battling to shore up confidence after a surge in customer withdrawals and a steep drop in the value of its digital token.

The exchange said it dealt with net outflows of around $6 billion over 72 hours last week “without…

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Binance’s books are a black box, filings show, as crypto giant tries to rally confidence

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