Binance US CEO Brian Brooks Has Unexpectedly Resigned

Binance US CEO Brian Brooks Has Unexpectedly Resigned

Brian Brooks, CEO of Binance US, the US leg of the leading cryptocurrency exchange Binance, announced that he is resigning from his post. Binance CEO Changpeng Zhao also confirmed the resignation.

After announcing his resignation on his Twitter account, Brooks said,

“Greetings crypto community. I want you to know that I am stepping down as Binance CEO. Despite the differences in strategic direction, I wish success to my former colleagues. Exciting new things are coming!”

Zhao said in a statement following Brooks’ departure.

“Binance US is poised to continue to grow and strengthen the future of finance as one of the largest exchanges in the US. This process will not affect Binance US customers in any way, and the company will continue to offer best-in-class products and services.”

Brooks had only been appointed to the post in late April. The resignation of Brooks, who previously headed the Office of the US Currency Controller (OCC), an important government agency, came as a surprise. Prior to OCC, Brooks served as Coinbase‘s general counsel.

SEE ALSO: What Has Changed With the Update on Ethereum?

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Caroline Tetra

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