Just Months after Binance appointed Brian Brooks as the Binance.US CEO, the CEO has decided to quit the position. His appointment initially came in as a surprise to most people because that means that he was going to replace the then CEO of Binance.US, Catherine Coley.
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He made this announcement through his Twitter account. Brian Brooks is known for being the former general counsel of coinbase. He also spent 10 months in an office close to the treasury department that sees the order of the federal banks and credit unions.
The General CEO also confirmed this when he made a tweet regarding this.
It was also made to know that this leadership transition won’t by any means affect the effectiveness of the crypto exchange.
It’s obvious that Binance is trying it’s possible best to make sure that they are regulatory compliance with the authorities. But I Brian Brooks probably couldn’t handle the pressure the company was facing or didn’t like how the company was being run but couldn’t change it because Changpeng Zhao the founder and CEO of Binance wasn’t okay with it. They were obviously on different directions based on the contents of his tweet.
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