BREAKING NEWS: Shocking Resignations at Bitcoin Exchange Binance!

According to information from foreign sources, some senior officials at Binance resigned following CZ’s response to the investigations.

Some Senior Officials at Binance Resigned

According to information from foreign sources, it was reported that senior executives of Binance, the world’s largest cryptocurrency exchange, resigned due to the approach of the CEO Changpeng Zhao towards regulatory investigations about the company.

The company’s general counsel Han Ng, chief strategy officer Patrick Hillmann, and deputy chief compliance officer Steven Christie informed Zhao that they decided to leave the company.


These resignations occurred after the recent departure of Matthew Price, a former IRS official who assumed global investigation and intelligence responsibilities at Binance.

Sources said that Binance responded immediately to the request for comment and added that the executives decided to leave due to Zhao’s response to an ongoing investigation by the Department of Justice.

At the time of the news, the price of Bitcoin was trading around $30,280. Following the news, BTC experienced a slight decrease and is currently trading at $30,208.

BNB, the native token of Binance, also experienced a 1.3% decrease from $238 to $234 with the news. The current price of BNB is $235.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

Two Ancient Whales Sell 9,142 BTC to Accumulate 342,847 ETH (Ethereum) Worth $1.63B — $110M Profit

COINOTAG on August 24 reported two crypto ancient whales...

Bitcoin Ancient Whale Deposits 5,000 BTC to Hyperliquid to Swap for ETH, Now Holding 179,498 ETH (~$8.5B)

According to COINOTAG on August 24, a longstanding Bitcoin...

Whale 0x3c9E Panic-Sells Ethereum (ETH) During Dips, Then Buys Back at Higher Prices

COINOTAG reported that on-chain analytics platform lookonchain identified persistent...

AAVE Founder Stani.eth Confirms WLFI Deal, Treasury to Receive $2.5B as Rumors Drive AAVE Price Volatility

Aave founder Stani.eth addressed market questions on social media,...

ETH (Ethereum) Target Above $10,000 — LD Capital’s Jack Yi Predicts ETH to Challenge BTC Exchange-Rate High

LD Capital founder Jack Yi highlighted market dynamics following...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img