According to an internal memo, Changpeng “CZ” Zhao, the chief executive officer of Binance, has urged his team to prepare for tumultuous times as the massive cryptocurrency exchange experiences a surge of cryptocurrency withdrawals amid worries about its financial stability. CZ Binance Warns Employees CZ wrote to his workers that while the exchange expects the coming months to be turbulent, they will get beyond the difficult phase. Binance saw cryptocurrency withdrawals totaling more than $900 million as consumers seized physical possession of their currencies in response to harsh criticism of the exchanges’ inspection report released last week. Regarding concerns about The post Binance CEO Changpeng ‘CZ’ Zhao Warns Employees of Difficult Times appeared first on Cryptoknowmics-Crypto News and Media Platform .
