Binance.US, the American crypto trading affiliate of BINANCE Holdings Ltd., is seeing an uptick in customer outflows after the US Securities and Exchange Commission to seize the platform’s assets, according to a blockchain analytics firm.
New outflows were about $124 million in the 24 hours that ended as of 8:30 a.m. in New York, according to data from researcher Nansen. Binance.US’s customer assets total over $2.2 billion, according to a memorandum from the SEC. Binance.US declined to comment Wednesday on customer outflows.