Over the past week, Binance has had billions of net withdrawals by customers, but CEO Changpeng “CZ” Zhao said that Binance is “financially okay.” Although the withdrawals prompted CZ to warn his staff of a bumpy road the next few months for the crypto exchange, he ensures that they will get past the challenges ahead. Many exchanges have been publishing their proof-of-reserves data to ensure their solvency, including Binance. The auditing group Mazars released proof-of-reserves data for Binance but withdrew it when they decided to temporarily pause work with Binance and all cryptocurrency agencies on Friday.