Binance confirmed to CryptoSlate in a Sept. 4 email that its head of product, Mayur Kamat, had left his role at the exchange.
A Binance spokesperson said:
“We can confirm that Mayur has stepped down from his role as product lead.”
Kamat joined Binance in January 2022 and had previously worked at Google and Agoda before becoming the head of product for the exchange.
Top excos exodus
The exit of several top executives has further increased speculations about Binance’s future.
Over five top-level executives have left the exchange this year, including its chief strategy officer, Patrick Hillmann, senior vice president for compliance, Steven Christie, general counsel Han Ng, and director of investigations, Matthew Price.
Last week, the exchange confirmed to CryptoSlate that the head of its Asia-Pacific region, Leon Foong, also resigned from his position at the firm.
Concerns over these executives’ departures may not be unwarranted, especially in light of the recent regulatory scruti
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