High-ranking Binance Officials Resign Amid Regulatory Pressure

With increasing regulatory pressure, Binance has been in the spotlight for months due to having to sever ties with key banking partners worldwide. Now, the resignation of its high-ranking officials has brought it back into the spotlight. According to a Fortune report, the stance of Binance CEO Changpeng Zhao (CZ) against investigations opened by regulatory authorities has led to the resignation of the exchange’s top executives. Binance’s Top Executives Tendered Resignations to Zhao Fortune reported that top executives, including General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and Senior Vice President in charge of compliance Steven Christie, have told Zhao this week that they will be leaving the company. The decision of the top executives to leave Binance follows the resignation of Matthew Price, a former IRS member who was brought in to oversee global investigations and intelligence in 2021. Sources reached by Fortune point to Zhao’s handling of […] The post High-ranking Binance Officials Resign Amid Regulatory Pressure appeared first on COINTURK NEWS.