💰 Read the full memo the CEO of Binance sent to staffers after the exchange was hit by more than $1 billion of withdrawals in a day amid the FTX fiasco

TL;DR

On Tuesday, jittery investors withdrew more than $1 billion from Binance, the world's largest crypto exchange.In the memo, CZ also seemingly referred to the troubles plaguing crypto peer FTX and its founder and ex-CEO Sam Bankman-Fried — who was arrested in the Bahamas Monday — writing: "With all that is going on, we know that we are at a historic moment in crypto.As long as we continue to offer users the best product, user experience, and frictionless trading environment – Binance will survive any crypto winter.While we expect the next several months to be bumpy, we will get past this challenging period – and we'll be stronger for having been through it.As always, I'm grateful to each of you for your incredible dedication and hard work and I'm proud of the incredible business we've built together."

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