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Binance.US Legal and Risk Executives Leave amid Major Staff Exodus
Amid a strong exodus, top executives of Binance.US have been leaving the exchange recently. On Thursday, September 14, the Wall Street Journal reported that Binance.US head of Legal Krishna Juvvadi and Chief Risk Officer Sidney Majalya have left.
Juvvadi joined the company in May 2022, while Majalya joined the exchange back in December 2021. Binance is encountering a challenging year as regulatory scrutiny intensifies, especially in the United States. In June, the Securities and Exchange Commission (SEC) initiated a lawsuit against the company, alleging violations of securities laws. This legal action followed earlier accusations from another American regulator, the CFTC.
In recent months, Binance has experienced significant departures from its leadership team. Global Product Lead Mayur Kamat left the company after serving for nearly a year and a half. Additionally, Binance saw the departures of Chief Strate

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