I continue to respect and supportand am grateful for having had the incredible opportunity to work under his leadership,” Hillmann said, referring to CEO Changpeng Zhao."I’ve been here for two years and it’s simply time for me to move on to the next challenge."
Hillmann also noted that his family will be welcoming another child within the next few hours and said the timing was right to step aside. “I will continue to cheer on my colleagues at Binance and support this industry as it matures and evolves. Blockchain and crypto is here to stay and I am excited to watch it explode in the years ahead,” Hillmann added.Fortune reported that general counsel Han Ng and SVP for compliance Steven Christie are also departing the company. The publication said that the executives decided to depart because of Zhao's response to an ongoing investigation being conducted by the Department of Justice.