Cryptocurrency

Binance boss Changpeng Zhao defends exec departures

The firm’s chief strategy officer and senior vice president for compliance have left.

Changpeng Zhao said as the firm evolves and personal situations change, 'there is turnover at every company'
Changpeng Zhao said as the firm evolves and personal situations change, 'there is turnover at every company' Photo: Getty Images

Binance boss Changpeng Zhao has brushed off reports suggesting the ongoing investigations into the firm are driving executive departures from the world's biggest crypto trading venue.

Binance chief strategy officer Patrick Hillmann and its senior vice president for compliance Steven Christie confirmed over Twitter on 6 July that they have left the crypto firm.

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