July 6 Reuters A string of executives have quit Binance, according to their tweets and media reports, the latest blow for the world39;s biggest crypto exchange as its battles a slate of legal and regulatory headaches.
Chief Strategy Officer Patrick Hillmann said in a tweet on Thursday that he was leaving the exchange, citing personal reasons. Steven Christie, a compliance executive who joined Binance in May 2022, also tweeted on Friday that he was leaving, saying he was tired and that he needed to lose some weight.
General Counsel Hon Ng has also quit, Fortune and Bloomberg News reported on Thursday, with both outlets citing a person familiar with his departure. Yibo Ling, Binance39;s U.S.based chief business officer, has also left, Bloomberg reported.
Binance did not immediately respond to a request for comment on the resignations. Neither Ng nor Ling immediately replied to LinkedIn messages form Reuters.
Last month, U.S. regulators sued the crypto exchange and its CEO Changpeng Zhao for allegedly operating a web of deception. Binance has said it would defend itself vigorously.
The exchange is under investigation by the U.S. Justice Department over possible moneylaundering and sanctions violations, Reuters has reported.
Fortune, citing a person at Binance familiar with the situation, reported that the executives quit over Zhao39;s response to the Justice Departure probe. Reuters could not independently confirm this.
Zhao, a billionaire who is one of crypto39;s…