Two more top executives depart Binance.US amid layoffs, SEC action: Report By Cointelegraph

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Two more top executives are leaving Binance.US, one day after the departure of CEO Brian Shroder and the layoff of a third of its staff, The Wall Street Journal reported. Binance.US is the United States offshoot of the international cryptocurrency exchange. Head of legal Krishna Juvvadi and chief risk officer Sidney Majalya were said to be leaving.

Juvvadi was hired in May 2022, coming from Uber (NYSE:), where he was global head of compliance. Majalya joined the company in December 2021 after being Intel (NASDAQ:)’s chief compliance officer. Before Intel, he, too, had worked for Uber.