Binance, the world's largest cryptocurrency exchange, has been under scrutiny due to lawsuits filed by the SEC.

Reports of outflows from the exchange have been refuted by Binance CEO Changpeng Zhao, who claims that third-party analysis firms have misinterpreted Asset Under Management (AUM) changes. CZ emphasizes the need to consider market fluctuations and overall dynamics when assessing Binance's asset movements. CZ's clarification on the reported outflows has had an immediate impact on Binance's native cryptocurrency, BNB, indicating that the market values accurate information and appreciates the need for proper context when assessing the activities of cryptocurrency exchanges.