Binance CEO Zhao Changpeng on Wednesday said its customers’ funds were safe, as the head of the popular exchange attempted to assure investors after a glitch in its system. Reports of problems on the platform surfaced via online forum Reddit, indicating that so-called altcoins, or alternatives coins to bitcoin , were being liquidated from users’ accounts without their consent. The technology issue resulted in Binance temporarily suspending withdrawals. However, in a tweet from its official account, Binance described the issues as “irregularities in trading activity” and emphasized that “all funds are safe.” Binance didn’t immediately respond to a request for comment.
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