Binance, the world’s largest crypto exchange, is experiencing a wave of high-level departures. Key figures including Patrick Hillmann, Chief Strategy Officer; Steven Christie, Compliance Executive; Hon Ng, the General Counsel, and Yibo Ling, Chief Business Officer, have all announced their resignations. These departures come at a time when Binance is grappling with lawsuits filed by the US Securities and Exchange Commission (SEC), accusing the exchange and its CEO, Changpeng Zhao, of deceptive practices. In addition, the US Justice Department is probing Binance for potential money laundering and sanctions violations.
Source: https://www.reuters.com
