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

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Posted 9/4/2023, 10:31:30 AM

Binance head of product quits as executive exodus continues

cointelegraph.com

Relevant topic timeline:

8/28/2023

Crypto Giant Binance Considers Russia Exit

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.

8/28/2023

Crypto Giant Binance Considers Russia Exit

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.

9/4/2023

Binance's Head of Product Departs

9/6/2023

Top Binance execs in Russia leave as firm considers exiting the market

9/7/2023

Binance crypto exchange saw 10 key execs leave in 2023. Here’s the list

Binance CEO dismisses concerns over executive departures, stating that they are moving into bigger roles outside of Binance and labeling reports as market FUD.

9/13/2023

Binance.US CEO departs, company cuts jobs amid SEC lawsuit and crypto downturn

Binance.US CEO Brian Shroder leaves as the crypto exchange downsizes its workforce due to regulatory pressures, including a lawsuit from the SEC.

9/14/2023

Binance.US Loses Two More Top Executives Amid Regulatory Crackdown

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Binance US Leadership in Flux as Top Legal and Risk Execs Resign Amid 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.