United

Coin

<ul class="news-points"> 
 <li>Binance US CEO Brian Shroder leaves the platform amidthe ongoing legal scrutiny.</li> 
 <li>The company’s Chief Legal Officer Norman Reed will replace Shrodan on an interim basis.</li> 
 <li>The resignation came following the company’s decision to reduce its workforce by one-third.</li> 
</ul> 
Amid a series of developments in the crypto space, Brian Shroder, the Chief Executive Officer of Binance US has<a href="https://www.bloomberg.com/news/articles/2023-09-12/binance-us-cuts-100-positions-as-crackdown-erodes-crypto-business" target="_blank" rel="noopener noreferrer nofollow"> </a>resigned from his position. The news followed <a href="https://coinedition.com/tag/changpeng-Zhao/" rel="noopener noreferrer nofollow">Binance CEO Changpeng Zhao</a>’s decision to eliminate one-third of the company’s workforce, driven by the tightening regulatory pressures in the United States. 
In response to the Bloomberg report, Adam Cochran, a prominent figure in the crypto universe, took to Twitter to reinforce his belief that the collapse of Binance would “be a longer more painful ride.” Referring to the new development in the platform, Cochran cited “If Bloomberg news about the CEO in the US resigning barely nudges this market, I’m not stupid enough to think my late night tweet is going to do it”. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 You’re all great <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f61b.png" alt="😛" class="wp-smiley" style="height: 1em; max-height: 1em;"> I would absolutely rather be wrong and get to be branded as the boy who cried wolf, than be the guy who was right and said nothing. Just like I… 
 </blockquote> 
 </div> 
</figure> 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/binance-us-reduces-workforce-ceo-brian-shroder-resigns/">Binance US Reduces Workforce; CEO Brian Shroder Resigns</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Binance US Reduces Workforce; CEO Brian Shroder Resigns

Coin Edition

发布于 2023年9月13日的其他文章

Coinbase To Implement Bitcoin Lightning Network For Faster Transactions Amid Growing Competition

Stablecoin Legislation: Impact on the Crypto Space

SEC Chair Gary Gensler's Hearing's Crypto Highlights: Details

Franklin Templeton Join The Race of Bitcoin ETF

Crypto volatility continues to plummet, spot volume now at two-year lows

Movement Labs Secures $3.4M Pre-Seed Funding to Bolster Web3 Security

订阅我们免费的电子期刊，获取每日最新加密领域动态！