Binance.US cuts third of staff as CEO Brian Shroder leaves By Cointelegraph
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Binance.US, the United States arm of the crypto exchange, has cut around a third of its staff — or 100 positions — with its president and CEO Brian Shroder also departing the firm.
A Binance.US spokesperson confirmed the layoffs and Shroder’s departure to Cointelegraph, adding it took the actions to give the exchange “more than seven years of financial runway” amid its move to becoming a crypto-only exchange.
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Binance.US, the United States arm of the crypto exchange, has cut around a third of its staff — or 100 positions — with its president and CEO Brian Shroder also departing the firm.
A Binance.US spokesperson confirmed the layoffs and Shroder’s departure to Cointelegraph, adding it took the actions to give the exchange “more than seven years of financial runway” amid its move to becoming a crypto-only exchange.
Continue Reading on Coin Telegraph
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