Binance’s Chief Strategy Officer, Patrick Hillman, has confirmed his departure from the company. He tweeted that he is leaving on good terms and expressed his respect and support for CEO Changpeng Zhao. Hillman mentioned that he has been with Binance for two years and feels it’s time for him to take on a new challenge. He also mentioned that his family is expecting another child soon, making this the right time for him to step aside. Hillman expressed his continued support for Binance and the cryptocurrency industry as a whole, stating that he believes blockchain and crypto are here to stay and will continue to grow in the coming years.
Key points:
– Patrick Hillman, Binance’s Chief Strategy Officer, confirmed his departure from the company on good terms.
– Hillman expressed his respect and support for CEO Changpeng Zhao.
– He mentioned that he has been with Binance for two years and feels it’s time for him to move on.
– Hillman also noted that his family is expecting another child, making this the right time for him to step aside.
– He expressed his continued support for Binance and the cryptocurrency industry as a whole.
Hot Take: Binance is experiencing a wave of departures, with Patrick Hillman, the Chief Strategy Officer, being the latest to leave. This follows reports of other top executives, including the general counsel and SVP for compliance, also departing. These departures may be influenced by the ongoing investigation by the Department of Justice and concerns about how Binance has responded to it. With regulatory challenges in the U.S. and abroad, Binance faces a crucial period that will determine its future in the cryptocurrency industry.
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