The resignation is the latest blow for Binance, which has come under scrutiny from regulators in several countries this summer. Mr. Brooks had been an acting head of the Office of the Comptroller of the Currency under the Trump administration, where he had been dubbed the CryptoComptroller for his friendly attitude toward the sector. His hiring was seen in the industry as a win for Binance.US, the U.S. affiliate of Binance.
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Brian Brooks quits as CEO of crypto exchange Binance.US
Mr. Brooks announced his departure on Twitter, posting: “Letting you all know that I have resigned as CEO of Binance.US. Despite differences over strategic direction, I wish my former colleagues much success.”
