Binance CEO Changpeng “CZ” Zhao has shot down speculation surrounding the departure of Binance.US CEO Brian Shroder, noting that he is “taking a deserved break” after a successful stint at the company.
Binance.US is a subsidiary of Binance Holdings, with the United States-based exchange seeing a handful of other top executives recently step down from the firm amid lawsuits from the U.S. Securities and Exchange Commission (SEC) and Commodities Futures Trading Commission (CFTC).