Crypto exchange Binance's global head of product Mayur Kamat resigns
Chief Strategy Officer Patrick Hillmann and General Counsel Hon Ng had resigned lately.
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Chief Strategy Officer Patrick Hillmann and General Counsel Hon Ng had resigned lately.
Binance withdrew its license application with the German Federal Financial Supervisory Authority in July, but a report suggested the regulator had raised concerns about the CEO.
After failing to set up in the U.K., Binance built a lucrative payments business called Bifinity in Lithuania. Now its leading executives are being accused of fraud.
Binance's legal troubles are mounting, and recent reports suggest the company is reducing its workforce in the thousands days after a string of executive exits.
These layoffs are happening just a few days after several top executives left the company including its Chief Strategy Officer Patrick Hillmann