Binance.US CEO departs as crypto company cuts a third of its workforce

  • 📰 AP
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The CEO of Binance’s U.S. affiliate is leaving the crypto trading platform amid another round of job cuts.

Binance.US CEO Brian Shroder is no longer with the company, a spokesperson confirmed to The Associated Press. The cryptocurrency exchange did not specify when or why Shroder departed, but said that chief legal officer Norman Reed is now acting as interim CEO. The logo for cryptocurrency site Binance appears on a mobile phone, in New York, Jan. 31, 2023. Binance.US CEO Brian Shroder is no longer with the company, a spokesperson confirmed to The Associated Press.

The cryptocurrency exchange did not specify when or why Shroder departed, but said that chief legal officer Norman Reed is now acting as interim CEO. The logo for cryptocurrency site Binance appears on a mobile phone, in New York, Jan. 31, 2023. Binance.US CEO Brian Shroder is no longer with the company, a spokesperson confirmed to The Associated Press.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

First Mover Americas: Binance.US CEO Departs as Company Cuts 1/3 of WorkforceThe latest price moves in crypto markets in context for Sept. 13, 2023.
Source: CoinDesk - 🏆 291. / 63 Read more »