top of page

Binance lays off over 1,000 employees

Crypto giant Binance has laid off more than 1,000 people in recent weeks in a continuing exercise that could result in the exchange losing more than a third of its staff, the Wall Street Journal reported on Friday. Last week, a string of executives also quit Binance, which included its Chief Strategy Officer Patrick Hillmann. U.S. regulators last month sued the crypto exchange and its CEO Changpeng Zhao for allegedly operating a "web of deception." Binance has said it would defend itself "vigorously." More employees were laid off this week, according to former employees, who said customer-service workers were heavily affected.


Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!



Comentarios


bottom of page