Binance US, the American arm of the world’s largest cryptocurrency exchange, is without a CEO. Catherine Coley, who has been at the helm of the exchange since its launch in September 2019, has left the company.
It is not immediately clear why Coley has left Binance US, or what her next move will be. She joined the company from Ripple, where she was head of institutional business development, in August 2019.
In a blog post announcing Coley’s departure, Binance US said she had been “instrumental in building out our team and capabilities” and that she had “played a pivotal role in growing our presence in the U.S.”
NOTE: WARNING: There has recently been a great deal of speculation surrounding the disappearance of Binance US CEO Catherine Coley. While some reports suggest she is taking a leave of absence, others are suggesting that her whereabouts are unknown. Until there is an official announcement from the company, it is important to exercise caution and not speculate further about the situation.
The departure of Coley comes as Binance US is facing increased scrutiny from regulators. The Securities and Exchange Commission (SEC) has reportedly launched an investigation into the exchange over allegations that it allowed trading of unregistered securities.
Binance US is also facing a lAWSuit from the New York Attorney General’s office over allegations that it engaged in illegal trading practices. The suit alleges that Binance US allowed traders to buy and sell digital assets that were not registered with the SEC.
Binance US CEO Catherine Coley has left the company amid increased scrutiny from regulators. It is not immediately clear why she has departed or what her next move will be.
However, her departure comes as Binance US is facing increased scrutiny from both the Securities and Exchange Commission (SEC) and the New York Attorney General’s office.
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