1 year ago
Binance mislaid its caput of U.K. operations past month, continuing a watercourse of high-level execs heading for the doorway astatine the world's largest crypto exchange.
Jonathan Farnell, who served arsenic caput of Binance U.K. and CEO of its outgo work Bifinity (which was disbanded successful August) near the steadfast successful September, according to his LinkedIn profile.
"We'd similar to convey Jonathan for his contributions and privation him each the champion connected his adjacent challenge," Binance said successful an emailed statement.
Farnell joined Binance successful May 2021, and the pursuing year, helium took up the presumption of CEO of Eqonex, the holding institution of crypto custodian Digivault arsenic per the presumption of a indebtedness agreement, which gave Binance the close to name a CEO from wrong Bifinity.
Bifinity was looking to get Eqonex astatine the time, but it fell through, and Eqonex entered voluntary liquidation successful November 2022.
Farnell appeared to service arsenic Eqonex CEO concurrently with his employment astatine Binance, according to his LinkedIn profile.
Binance has suffered a fig of high-profile departures successful caller months, astir precocious losing Global Product Lead Mayur Kamat earlier this month. This followed Chief Strategy Officer Patrick Hillmann, Senior Director of Investigations Matthew Price and SVP for Compliance Steven Christie, who each near the institution successful aboriginal July.
Edited by Sandali Handagama.
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