Topic: What are the chances of Binance shutting down now? - page 2. (Read 157 times)
I do not have money on the exchange again but just for now before I will continue to use it for trading. I want to see what will happen after CZ is no more the CEO. But Binance has new CEO now that CZ announced which CZ said he is having experience about regulations and how to handle exchange. Let us hope there is nothing that will happen. I do not think Binance will shut down. The government do not just fine people money, they will do it in a way it may not be convenient for the people but not in a way that may bankrupt the people. Or if I am wrong, I can still say that I see no sign of bankruptcy yet.
Binance has been fined with about $4 billion. What is more concerning that their image is hampered now and trust of investors is gone who will stay away from the platform. Can this result in Binance getting shut down anytime soon?
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