Binance US Legal and Risk Executives Resigns

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Last Updated on September 15, 2023 by Bitfinsider

Following ex-CEO Brian Shroder out the door, two more executives linked with Binance US are reportedly departing the firm.

According to the Wall Street Journal, who cites sources familiar with the situation, the most recent departures include legal director Krishna Juvvadi and Chief Risk Officer Sidney Majalya.

Shroder’s exit earlier this week was part of a larger round of layoffs at the firm, which affected one-third of its workforce. Over the last year, such layoffs have been typical for crypto businesses, including its parent exchange Binance.

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