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Crypto Exchange Binance Loses Another Executive Amid Legal Trouble


Aug, 31, 2023
< 1 min read
by CoinEdition
Binance’s_latest_integration_can_have_this_impact_on_BNB_in_2023
  • Binance’s Head of Asia-Pacific, Leon Foong, has reportedly resigned from the crypto exchange.
  • Foong led the crypto giant’s expansion in the Asia Pacific region, including Thailand and Japan.
  • Binance previously lost top executives including its Chief Strategy Officer and General Counsel.

The world’s largest crypto exchange has lost a fourth executive in less than two months. Leon Foong, Binance’s Head of Asia Pacific Market, has reportedly resigned from the crypto exchange amid mounting legal and regulatory trouble for the company. Foong’s departure comes just weeks after the crypto giant lost three other executives.

Citing people familiar with the matter, Bloomberg reported earlier today that Leon Foong had resigned from Binance. The reason for his departure remains unclear as it is yet to be publicly announced by the crypto exchange. A spokesperson for Binance had no comment on the report, while Foong didn’t respond to Bloomberg’s request for comment.

Foong was responsible for Binance’s operations in the Asia Pacific region. He reportedly led the crypto exchange’s expansion into key Asian markets including Thailand, Japan, and South Kore…

The post Crypto Exchange Binance Loses Another Executive Amid Legal Trouble appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Crypto Exchange Binance Loses Another Executive Amid Legal Trouble


Aug, 31, 2023
< 1 min read
by CoinEdition
Binance’s_latest_integration_can_have_this_impact_on_BNB_in_2023
  • Binance’s Head of Asia-Pacific, Leon Foong, has reportedly resigned from the crypto exchange.
  • Foong led the crypto giant’s expansion in the Asia Pacific region, including Thailand and Japan.
  • Binance previously lost top executives including its Chief Strategy Officer and General Counsel.

The world’s largest crypto exchange has lost a fourth executive in less than two months. Leon Foong, Binance’s Head of Asia Pacific Market, has reportedly resigned from the crypto exchange amid mounting legal and regulatory trouble for the company. Foong’s departure comes just weeks after the crypto giant lost three other executives.

Citing people familiar with the matter, Bloomberg reported earlier today that Leon Foong had resigned from Binance. The reason for his departure remains unclear as it is yet to be publicly announced by the crypto exchange. A spokesperson for Binance had no comment on the report, while Foong didn’t respond to Bloomberg’s request for comment.

Foong was responsible for Binance’s operations in the Asia Pacific region. He reportedly led the crypto exchange’s expansion into key Asian markets including Thailand, Japan, and South Kore…

The post Crypto Exchange Binance Loses Another Executive Amid Legal Trouble appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Philippines SEC to roll out new crypto guidelines by Q4 2024

Philippines SEC to roll out new crypto guidelines by Q4 2024

The Philippine Securities and Exchange Commission (SEC) is to issue complete regulati...
May, 06, 2024
2 min read
by CryptoPolitan
FTX and Binance Founders’ Legal Cases Show Crypto’s Dark Corners

FTX and Binance Founders’ Legal Cases Show Crypto’s Dark Corners

FTX’s Sam Bankman Fried and Binance’s Changpeng Zhao, once the rulers of the crypto w...
May, 06, 2024
< 1 min read
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