Binance.US, the US subsidiary of Binance, the world’s largest cryptocurrency exchange, is losing two more senior officials.
Two more bad news came to Binance.US, which has been on the agenda with austerity policies and resignations in recent days. According to a report by the Wall Street Journal, the stock market Head of Legal Department Krishna Juvvadi And Chief Risk Officer Sidney Majalya he is leaving his post.
Krishna Juvvadi, who started working at Binance in May last year, had transferred from Uber and had previously US Department of Justicein (DOJ) He was a lawyer. on the other hand Sydney Majalya He started his duty in December 2021 and has previously Compliance officer at Intel He worked as.
Juvvadi, Binance’s Head of Legal Department, discussed the relationship between the SEC and the stock market. in ongoing litigation He was working as one of the key contacts. It is thought that the separation in question may weaken Binance’s hand in the SEC case.
Recently Binance.US CEO Brian Shroder He resigned from his position and the staff number of the stock exchange was increased. reduced by one third It was explained. Binance.US made such a decision to give itself a chance for financial breakthrough as it lost a lot of liquidity and customers within the framework of ongoing regulatory pressures.
Binance.US, which is currently being sued by the SEC and the Commodity Futures Trading Commission (CFTC), has three different resolution plans to continue growing, and one of these options is Binance CEO. Changpeng Zhao (CZ) It was claimed that the aim was to break the bond between the