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

📆 13/09/2023 02:08 p. m.
📰 AP

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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.

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