Binance US loses head of legal and chief risk officer
The head of legal , Krishna Juvvadi, and chief risk officer , Sidney Majalya, are leaving Binance US following the recent news on layoffs. According to the Wall Street Journal, the departure of both executives follows the recent exit of its former CEO, CEO Brian Shroder. Juvvadi and Majalaya joined the company in May 2022 and December 2021, respectively. On Sept. 13, Binance US, the American branch of the company, fired one-third of its staff. You might also like: Binance US CEO leaves as company lays off third of its staff Recently, Binance has faced regulatory issues worldwide in countries like the Netherlands, Belgium, and Russia. The company has been evaluating the option of leaving the Russian market. Amid the rumors, two major Russian execs who headed the business in the CIS left the company. Binance complex situation in the US Binance, one of the world’s largest cryptocurrency exchanges, has faced significant legal issues in the United States. The Securities an...