1. Home
  2. >
  3. Cryptocurrency đź’°
Posted

Binance head of product quits as executive exodus continues

Binance's head of product, Mayur Kamat, has announced his departure from the exchange, citing the need to pass on the product leadership role to the next generation and take some time off after two years of non-stop work, amid increasing scrutiny from regulators.

cointelegraph.com
Relevant topic timeline:
Binance, the world's largest cryptocurrency exchange, is considering a complete withdrawal from the Russian market due to complications and potential violations of Western sanctions.
Binance, the world's largest cryptocurrency exchange, is considering a complete withdrawal from the Russian market due to complications and potential violations of Western sanctions.
Global Product Lead Mayur Kamat has stepped down from his role at cryptocurrency exchange Binance, joining a list of senior executives who have recently left the company amid investigations by the U.S. Department of Justice.
Cryptocurrency exchange Binance is experiencing the departure of two key executives in the Russian market, raising questions about the company's future in the region amidst regulatory challenges and potential sanctions.
Binance CEO dismisses concerns over executive departures, stating that they are moving into bigger roles outside of Binance and labeling reports as market FUD.
Binance.US CEO Brian Shroder leaves as the crypto exchange downsizes its workforce due to regulatory pressures, including a lawsuit from the SEC.
Binance.US has lost two more high-level executives, Head of Legal Krishna Juvvadi and Chief Risk Officer Sidney Majalya, following the departure of CEO Brian Shroder amid increasing regulatory scrutiny.
Binance US is facing significant staff layoffs and resignations, including the CEO, risk officer, and head of legal, amidst increasing regulatory pressure from the SEC.