11, along with the SEC’s opposition document and eight exhibits, were filed as sealed and are not mentioned in the order. Per CZ's tweet, Norman Reed, the Binance.US general counsel and chief legal officer, has been now appointed as an interim chief executive. A proposed order filed by BAM, the Binance.US holding company, on Sept. Worlds leading P2P platform contemplates exiting Russia OCCRP 13:28 Mastercard Crypto Russia.

dollars to buy crypto on the platform as early as June. Binance.US customers will no longer be able to use U.S.

CZ expressed his gratitude to Brian Shroder for the fruitful results of his two-year work for Binance.ĬZ commented on the current state of the crypto market, stating that it is quite different from what it was two years ago, largely due to the hostile regulatory environment that has been expanding quickly and becoming even more hostile. The Binance logo is displayed on a screen in San Anselmo, California, June 6, 2023. Zhao tweeted that this executive (now former to Binance) is 'taking a deserved break' after fulfilling the goals that he committed to reach when he took the job in Binance two years ago, in 2021.Īccording to CZ, thanks to Shroder, Binance.US under the aforementioned executive 'raised capital, improved its product and service offerings, solidified internal processes and gained significant market share.' All of this was a large contribution to building a more resilient platform, allowing its customers to benefit from using it. Shroder's resignation was the most recent one. subsidiary of the exchange.ĬZ addressed the FUD ('fear, uncertainty, doubt') that has risen recently regarding Binance after several high-ranking executives left CZ's employment. Binance boss Changpeng Zhao (famous in the crypto community as CZ) has published a post commenting on the recent resignation of Brian Shroder, the head of the U.S. Crypto exchange Binance.US, whose chief executive officer recently resigned, just appointed a new president.

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