Two More Binance.US Executives Leave Crypto Exchange Following CEO's Departure

Two More Binance.US Executives Leave Crypto Exchange Following CEO's Departure

As reported by the Wall Street Journal, Binance.US's Head of Legal Krishna Juvvadi and Chief Risk Officer Sidney Majalya are leaving the exchange.

Earlier this week, Brian Shroder, CEO of Binance.US, left the company, and Chief Legal Officer Norman Reed replaced him as an interim CEO. Meanwhile, in its second round of job cuts in 2023, Binance.US laid off over 100 positions, which was around one-third of the workforce.

Under the regulation pressure in the US, Binance and Binance.US have lost many executives. At the beginning of this month, Binance's Global Product Lead Mayur Kamat left. Before that, Binance's General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and Senior Vice President for Compliance Steven Christie had resigned.

Related: Binance.US Cuts 1/3 of Workforce, CEO Leaves

Binance's General Counsel, Chief Strategy Officer, and Senior Vice President for Compliance Resigned

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Source

Binance

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