The CEO of the exchange, Changpeng Zhao (CZ) made a statement on Twitter in which he comments on the current situation of the company and the future steps that will be taken to reverse it.
Binance is facing one of the most difficult year endings in its history, mainly due to the record number of withdrawals from the platform in recent weeks and rumors of liquidity problems in its assets.
The main problem currently for the company as CZ explains is with crypto-savers who are against centralization, while the recent losses of some users also generate the feeling of FUD against Binance.
Thanks for reading, have an exciting and productive day.
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