Binance's CEO - CZ - recently dismissed all the negative rumors and news about the entity.
Binance.US also slashed one-third of its workforce or over 100 positions, making it the“The actions we are taking today provide Binance.US with more than seven years of financial runway and enable us to continue to serve our customers while we operate as a crypto-only exchange. The SEC’s aggressive attempts to cripple our industry and the resulting impacts on our business have real-world consequences for American jobs and innovation, and this is an unfortunate example of that.
The latest development comes as both Binance.US and the international platform Binance are facing legal and regulatory pressure, especially from US federal authorities.negative news and rumors about the company, stating instead some achievements attained so far in 2023.
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