Tagged: patrick hillmann

Binance Might Be Laying Off 20% of its 8000-Employee Global Workforce

June 1, 2023 @ 9:00 am By Omar Faridi |

Binance, which claims to be the world’s largest cryptocurrency exchange in terms of overall trading volume and scope of operations, recently revealed that it may be reassessing its workforce following numerous other industry-wide reports of layoffs and an extended bear market. On Wednesday (May 31,… Read More

Read more in: Blockchain & Digital Assets, Global, Strategy | Tagged bear market, binance, changpeng zhao, crypto bear market, crypto trading, crypto-assets, digital assets, digital currencies, layoffs, patrick hillmann, trading, virtual currency, workforce reductions

Binance Anticipates Paying Fines to Resolve Regulatory Issues in US: Report

February 16, 2023 @ 9:16 am By Omar Faridi |

Binance, the world’s largest digital currency exchange, is reportedly expecting to pay monetary penalties in order to settle US regulatory and law-enforcement investigations of its operations. This, according to the company’s CSO (as reported by the WSJ). Over the past five years, Binance has managed… Read More

Read more in: Blockchain & Digital Assets, Global, Politics, Legal & Regulation | Tagged binance, binance us, changpeng zhao, enforcement, money laundering, patrick hillmann, penalties, united states, us