{"id":81389,"date":"2023-07-07T10:23:22","date_gmt":"2023-07-07T07:23:22","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=81389"},"modified":"2025-09-11T22:33:32","modified_gmt":"2025-09-11T19:33:32","slug":"binance-chief-comments-on-top-executives-departure-amid-doj-investigation","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/binance-chief-comments-on-top-executives-departure-amid-doj-investigation\/","title":{"rendered":"Binance chief comments on top executives&#8217; departure amid DOJ investigation"},"content":{"rendered":"<p>Binance\u2019s chief executive Changpeng Zhao (CZ) commented on media reports about the departure of top executives amid a U.S. Department of Justice investigation.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/7BQacvp0BPcmdbh4CuxRIIgTjg9sw1MVa2bHs1rU7cwxF1yOkogAmbW-WdssxnnO6dy2hcYTf51D7SmjKBWDDllOMd-cBIhGIpvw8e6ufejFj5OpqQzZHiDkmynRj_dxi5WQwN4r7l_WtUHFmftwuRU\" alt=\"Binance chief comments on the departure of top executives from the company\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/twitter.com\/cz_binance\/status\/1677092535871602691\">Twitter<\/a>.<\/figcaption><\/figure>\n<p>According to <a href=\"https:\/\/fortune.com\/crypto\/2023\/07\/06\/binance-crisis-executives-quit-changpeng-zhao-justice-department\/\">Fortune<\/a>, this week several top executives left the firm. They include Chief Strategy Officer Patrick Hillmann, Senior Vice President for Regulatory Compliance Steven Christie, and Chief Counsel Han Ng.<\/p>\n<p>Patrick Hillmann officially <a href=\"https:\/\/twitter.com\/PRHillmann\/status\/1677070523740884992?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1677070523740884992%7Ctwgr%5E466509bf0e6395b8d72f276f9a1416c22e499c65%7Ctwcon%5Es1_&#038;ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fbinance-cso-patrick-hillmann-departs-us-resignations-doj\">\u043f\u043e\u0434\u0442\u0432\u0435\u0440\u0434\u0438\u043b<\/a> \u0441\u0432\u043e\u0439 \u0443\u0445\u043e\u0434.<\/p>\n<p>Zhao said the reasons cited by the press for the top executives&#8217; departures are \u201ccompletely false\u201d. In his words, what is happening is ordinary staff turnover.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe thank all former members of our team for their contribution to the growth of the company, and we wish them all the best. We also congratulate the members of our team who have risen to new roles,\u201d Zhao said.<\/p>\n<\/blockquote>\n<p>He added that aside from the chief strategy officer, no one else left the company this week.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe thank all former members of our team for their contribution to the growth of the company, and we wish them all the best. We also congratulate the members of our team who have risen to new roles,\u201d Zhao said.<\/p>\n<\/blockquote>\n<p>As reported on June 5, the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> <a href=\"https:\/\/u1f987.com\/en\/news\/sec-files-suit-against-binance-and-changpeng-zhao\">filed<\/a> a lawsuit against Binance. In March, a similar suit against the exchange <a href=\"https:\/\/u1f987.com\/en\/news\/cftc-files-suit-against-binance-and-changpeng-zhao\">was brought by<\/a> <span data-descr=\"U.S. Commodity Futures Trading Commission\" class=\"old_tooltip\">CFTC<\/span>.<\/p>\n<p>Earlier reports <a href=\"https:\/\/u1f987.com\/en\/news\/disagreements-within-the-u-s-justice-department-over-charges-against-binance-leadership\">indicated<\/a> disagreements within the U.S. Department of Justice over charges against the exchange&#8217;s leadership.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance\u2019s chief executive Changpeng Zhao (CZ) commented on media reports about the resignation of top executives amid a U.S. Department of Justice investigation.<\/p>\n","protected":false},"author":1,"featured_media":81390,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,83,935],"class_list":["post-81389","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-business","tag-changpeng-zhao"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=81389"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81389\/revisions"}],"predecessor-version":[{"id":81391,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81389\/revisions\/81391"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/81390"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=81389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=81389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=81389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}