Investors withdrew around $2.3 billion worth of Binance USD (BUSD) from Binance within four days after the Securities and Exchange Commission (SEC) issued a warning to BUSD issuer Paxos. The SEC requested Paxos to stop further BUSD production on Feb. 13. At the time, Binance held a little over 14.4 billion BUSD tokens in its … Continue reading Binance reserves lost $2.3B following BUSD debacle