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Binance Crisis Manager, US Employees Leaving Crypto Exchange
A Binance executive tasked with helping the world’s biggest cryptocurrency exchange navigate a widening regulatory crisis including US allegations of fraud and compliance lapses is leaving the company along with many of its US employees, according to a person familiar with the matter. The executive, Patrick Hillmann, was chief strategy officer at the company since late 2021. Binance employed nearly 600 employees in the US, according to LinkedIn. Many of them have been asked to leave or relocate, according to the person familiar with the situation who couldn’t speak publicly because the matter hasn’t been made ... (full story)