.cz_binance has dismissed reports of key executives departing binance due to the SECGov lawsuit as normal turnover, labelling the reports as 'FUD.' thesamreynolds reports.
“More FUD about some departures. Yes, there is turnover . But the reasons dreamed up by the “news” are completely wrong,” CZ tweeted. “As markets and the global environment for crypto changes, as our organization evolves, and as personal situations change, there is turnover at every company.”
The world's largest crypto exchange is facing heat from regulators across the world with the U.S. Securities and Exchange Commission filing a lawsuit against the firm and CZ for breaking several securities laws.
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