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 <h2 id="ex-sec-official-says-binance-leadership-exit-good-for-investigation">Ex-SEC Official Says Binance Leadership Exit Good For Investigation</h2> 
 <p>Former SEC official John Reed Stark took to X on September 7 to comment on the ongoing exodus of executives from <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a>. He said several senior executives left the crypto exchange and some employees were laid off this year despite being a young company.</p>  
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 <p>“For a relatively young company, <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a> appears to have an unusually lengthy laundry list of departed senior employees, who have now unwittingly and instantaneously transformed themselves into ideal fodder for secret government cooperation deals,” added Stark.</p> 
 <p>He believes these employees will cooperate in investigations to reveal secret details about <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a>. Typically, law enforcement taps a company’s former senior employees as sources for informants, turncoats, and whistleblowers.</p>  
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 <p>Senior executives have inside information about a target company and provide prosecutors with fraudulent conduct and complicit parties. Stark believes former <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a> employees are either “disgruntled” or “terrified” amid ongoing lawsuits and investigations.</p>  
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 <h2 id="can-sec-take-help-of-these-employees">Can SEC Take Help Of These Employees?</h2> 
 <p>If not the SEC or DOJ, news media have reached out to former Binance executives. However, they declined to comment or rejected that they felt “disgruntled” or “terrified”. Moreover, Binance has clarified that they periodically review employees to make necessary changes.</p> 
 <p><a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a> Asia-Pacific’s head Leon Foong, global head of product Mayur Kamat, Eastern Europe vice president Gleb Kostarev, and Commonwealth of Independent States (CIS) director Vladimir Smerkis announced their resignation in just 10 days.</p> 
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/binance-execs-exodus-creates-opportunity-for-law-enforcement-tbt61882.html">https://thebittimes.com/binance-execs-exodus-creates-opportunity-for-law-enforcement-tbt61882.html</a></p>

Binance Execs Exodus Creates Opportunity For Law Enforcement

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