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.
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.