Binance has had a rather rough time this past week convincing its users in the United States that it is in a stable condition. The last few days have
that he would be stepping down from the position. This triggered significant FUD regarding the future of the exchange, with many even calling it the beginning of Binance’s collapse.
However, Binance’s founder, also known as CZ, explained that all the reports speculating a downfall of the exchange based on Shroder’s exit are setting up a false narrative. Per CZ’s tweet, Shroder is “taking a deserved break” and that he accomplished the goals he set out for following his employment two years ago. He added,
“Under his leadership, Binance.US raised capital, improved its product and service offerings, solidified internal processes, and gained significant market share, all of which helped to build a more resilient company for the benefit of customers. We are grateful for his contributions.surrounding the exchange’s health, given it has been losing its market share.
This added to speculation of Binance’s potential downfall as soon after the Head of Legal and Chief Risk Officer of its US arm stepped down, marking three resignations within a week. Interestingly, these developments have had no negative impact on the Binance Coin price, which is trading at $214, subject to broader market cues.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
CZ says Binance.US CEO departed to take a breakCZZ attributed the recent departure of the head of the crypto exchange's U.S. arm to the need for a well deserved break.
Leer más »
Binance.US CEO out as crypto exchange slashes third of its workforceCryptocurrency giant Binance's U.S. arm has let go a third of its workers and CEO Brian Shroder is no longer on the payroll as it struggles following a crackdown from regulators.
Leer más »
Coinbase CEO Brian Armstrong hopes DeFi protocols take CFTC to court for enforcement actionsCoinbase CEO Brian Armstrong shared his views on the enforcement actions of the US Commodity Futures Trading Commission (CFTC) against DeFi protocols.
Leer más »
Binance.US Head of Legal and Chief Risk Officer Leaving the Crypto Exchange: WSJThe departure comes just after the crypto exchange lost CEO Brian Shroder.
Leer más »
No, Solana (SOL) Won't Crash, FTX's 'Liquidation' Isn't What You ThinkFUD around Solana not really justified
Leer más »
Two more top executives depart Binance.US amid layoffs, SEC action: ReportTwo top executives at Binance.US reportedly left the company Sept. 12, a day after the departure of CEO Brian Shroder and layoffs of a third of the staff.
Leer más »