Millions of XRP to Be Moved by Binance, Here's What's Happening

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Millions of XRP to Be Moved by Binance, Here's What's Happening
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Binance plans large $XRP transactions as part of exchange's housekeeping xrpsec ripplesec ripplexrp xrp xrparmy xrpcommunity ripple binance bnb binancenews bnbchain $bnb

Binance is experiencing increased scrutiny

Binance is currently experiencing tremendous attention from all sides due to last week's news. Recall, as reported by , rumors have emerged that the U.S. Attorney's Office is considering charging the exchange with money laundering and sanctions violations.These rumours were then repeatedly dismissed by the exchange's representatives and its head, Changpeng Zhao, but the damage was done nonetheless. For example, Binance's native token,, closed the week at minus 12%, at one point losing more than 22%.

The exchange-ecosystem now has a net worth of $55 billion. In the last 24 hours, it has grown by $500 million.

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