Binance CEO responds to rumors, says US exec is 'taking a deserved break'

Despite Brian Shröder resigned as CEO of THE Exchanges WE wing in the middle of SECOND And CFTC prosecutions, Binance CEO Chang Peng Zhao claims that THE departure was normal.

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Binance Assets CEO Chang Peng Zhao (Czech Republic) has shot down speculation surrounding THE departure of Binance.US CEO Brian Shröder, noting that he East "socket A deserved to break" After A successful stint has THE business.

Binance.US East A subsidiary company of Binance Assets, And THE WE. base exchange has seen A handle of other high executives recently stage down Since THE farm in the middle of lawsuits Since THE Securities And Exchange Commission And Raw materials Futures contracts Trade Commission.

In A Seven. 15 statement via X (Twitter), CZ exhorted people has "ignore FUD" around THE recent mix of executives, as he suggested that Shröder was exit THE farm amicably After accomplish All he "together out has TO DO When he joined two years there is."

"Below her direction, Binance.US raised capital, improved It is product And service offerings, solidified internal process, And won significant walk share, all of which help has build A more resilient business For THE advantage of clients. We are grateful For her contributions," CZ said.

There has has been a few speculation concerning recent management changes has @BinanceUS. Brian Shröder East socket A deserved to break After accomplish What he together out has TO DO When he joined two years There is. Below her direction, https://t.co/hSHrrlF7o7 raised capital, improved It is product…

— CZ Binance (@cz_binance) September 15, 2023

Binance East focused towards lawsuits Since both THE SECOND And CFTC on several alleged violations of SECOND And CFTC laws, including THE alleged sale of not registered securities And Mishandling of customer funds. As part of It is trial, THE SECOND claim...