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More Binance Executives Leave, Including Some Overseeing Russia

XTRAVAGANZA · 2023-09-08 11:31:18

According to a Wall Street Journal report, several top executives of crypto exchange Binance have left in recent days. Notably, this also includes leaders overseeing its Russian business and its connections to the traditional financial system. The recent surge in management turnover at the exchange is likely due to the…

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08-09-2023 12:31pm

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XTRAVAGANZA

Registered Users Posts: 5 ✭

Join Date: June 2023

Posts: 4

According to a Wall Street Journal report, several top executives of crypto exchange Binance have left in recent days. Notably, this also includes leaders overseeing its Russian business and its connections to the traditional financial system. The recent surge in management turnover at the exchange is likely due to the increased regulatory scrutiny surrounding the exchange.
Apparently Binance continues to come under intense regulatory scrutiny from SEC. At times I wonder if this is a witch hunt or whether the SEC is truly after protecting the interest of users. Let me know your take on this guys.

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