A recent analysis by Forbes showed that over $12 billion, equivalent to 25% in assets have flowed out of Binance over the past two months, led by BUSD and BNB.
Former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang pleaded guilty to the collapse of FTX, Southern District of New York (SDNY) prosecutor Damian Williams announced on Wednesday.
Cryptory.net - Former CEO and founder of FTX, Sam Bankman-Fried, was arrested in Bahamas after US prosecutors filed a sealed indictment related to the collapse of FTX in November.