June 17 (Cointime) - Customers of Binance.US have expressed frustration over delays in ACH withdrawals from the exchange, as its market share drops to 1%.

The surge in withdrawal requests came after the exchange urged users to withdraw their USD balances before June 13, due to its banking partners halting USD payment channels. Binance.US has processed over 85% of the 285,000 withdrawal requests it received, but some transactions remain unresolved for several days. The exchange is also facing regulatory challenges in multiple jurisdictions, including an ongoing investigation in France and its exit from two European markets.