Binance.US to cut 100 jobs, CEO Brian Shroder to depart

Binance.US to cut 100 jobs, CEO Brian Shroder to depart

A logo on the Binance exhibition space at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 15, 2022. REUTERS/Benoit Tessier

The US affiliate of crypto giant Binance said its chief executive, Brian Shroder, will leave and that it is cutting more than 100 jobs – roughly a third of headcount, underscoring the company’s operational challenges after being sued by regulators.

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