Binance's total assets have decreased by more than $8 billion since the SEC filed a lawsuit against the exchange on June 5th. DeFillama data shows that Binance's total assets dropped to $55.95 billion from $64.195 billion.

Binance has experienced net outflows since June 6th, with withdrawals totaling more than $3 billion since the lawsuit. CZ, the CEO of Binance, clarified that some data aggregators may wrongly measure its reserves and that crypto price drops would be labeled as "outflow."