After FTX, Crypto Exchanges Struggle to Convince Customers They’re Safe

Moves by cryptocurrency exchanges to reassure markets about their stability are having little effect on jittery users, who keep pulling funds from the venues. 

Platforms from Binance to have made full or partial disclosures outlining their assets since unraveled last week. Yet clients’ stampede for the exits has persisted, with exchange reserves of Bitcoin, Ether and stablecoins falling sharply, according to data from CryptoQuant. 

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