Jonathan Farnell, who managed Binance’s UK unit, left his position at the company, thus Binance lost another executive.
Binance’s official records in the UK indicate that Jonathan Farnell left the company at the end of September. Farnell, a regulatory compliance specialist, also left his position at Binance Europe in June.
Making a statement on the subject, Binance spokespersons said, “We thank Jonathan for his contributions and wish him success in his next position.” made the statement.
Farnell was handling Binance’s legal work in the United Kingdom. The name, who joined Binance in 2021, was previously managing the legal compliance efforts of eToro, one of the trading companies. He was later appointed head of Binance’s operations in the United Kingdom.
The United Kingdom is among the countries where Binance has legal problems. The stock market is closed in the country following new rules introduced by the FCA. new customer records stopped.
Binance has lost several different executives recently, including Gleb Kostarev, who was responsible for operations in Turkey.
Although it is not yet known who will fill Farnell’s position at the UK unit, official records show that Ilir Laro has been appointed director of the UK unit.