According to analytics firm Nansen, Binance, the largest cryptocurrency exchange in the world, was sued by the U.S. Securities and Exchange Commission on Monday, prompting investors to remove about $780 million from the exchange in the past 24 hours.
According to Nansen, Binance’s U.S. affiliate exchange experienced a net outflow of $13 million during the same period. A comment from either Binance or Binance.US went unanswered for some time.