$BNB

Binance's native BNB token plunges to lowest since July as concerns mount about withdrawals, FTX ties

BNB, the coin created by crypto exchange Binance, dropped 6.5% in the past day and 15% over the last week.

Binance is facing questions over its ability to handle potential clawback demands of $2.1 billion in FTX's bankruptcy proceedings.

Binance had been an early and major investor in FTX and looked as if it may bail out the rival exchange before opting against the acquisition