Binance CCO Stays on Board Despite Resignation Spree

8. Juli 2023 Aus Von admin

• Binance’s Chief Compliance Officer Noah Perlman has announced that he is staying with the company despite recent legal issues.
• Several top executives have resigned, but CEO Changpeng Zhao confirmed that it was not related to the lawsuits coming from the US SEC and DOJ.
• Former CSO Patrick Hillmann stated his resignation was due to personal reasons and expressed his support for CZ and Binance.

Binance CCO Will Not Join Resignation Spree

Binance’s Chief Compliance Officer (CCO) Noah Perlman recently announced that he will remain with the world’s largest cryptocurrency exchange despite some of its top executives resigning due to recent regulatory issues.

CEO Confirms Departures But Unrelated To Legal Problems

CEO Changpeng Zhao (CZ) confirmed the departures, but clarified that they were not related to any lawsuits coming from the US Securities and Exchange Commission (SEC) or issues with the Department of Justice (DOJ).

Former CSO Leaves On Good Terms And Will Support Binance

Former CSO Patrick Hillmann said he resigned on good terms and will continue to support and respect Zhao. He also explained that his wife is expecting a child soon, making it an opportune time for him to focus on family matters. Hillmann concluded by expressing his excitement for blockchain technology in general as well as Binance in particular.

CCO Proud To Remain Part Of Incredible Organization

Unlike other departing executives, CCO Perlman has no intentions of leaving Binance, instead stating how proud he is “to be part of this incredible organization as we navigate the growing pains of the crypto industry”.

Conclusion

Despite some high-profile resignations, Binance continues to move forward as one of the most influential players in crypto markets today, backed by strong leadership from CZ and supported by dedicated personnel like Noah Perlman who are determined to see it succeed.