Crypto firm Binance endures wild weeks in wake of FTX collapse

Paris (AFP) – Even by the extreme standards of cryptocurrency trading, the past few weeks have been a wild ride for Binance, the world’s biggest exchange for crypto assets. After the collapse of its rival FTX in a hail of allegations of fraud and criminality last month, trust in the entire sector has crumbled. Customers pulled more than $3 billion from Binance in a single day last week as part of a three-day frenzy that saw more than $6 billion withdrawn. On Friday, accountancy firm Mazars, engaged by Binance to provide a “proof of reserves” report, abruptly halted work with all crypto firms b…