📉 Binance is facing a massive withdrawal of user funds and a drop in the value of BNB following accusations from DoJ and the possible departure of CEO Changpeng Zhao.

- Analytics company Nansen noticed a significant outflow of funds from the Binance crypto exchange after accusations from DoJ

- The Ethereum ERC-20 network experienced a sharp increase in net outflows from $10,000 to $45 million in just an hour

- Binance CEO Changpeng Zhao agreed to admit guilt and resign from his post

- Binance cryptocurrency, BNB, and other coins showed a decline after the news: BNB fell by 7%, Solana and Polygon by 5% and 8%, respectively.