Binance.US laid off 100 staff and its CEO Brian Shroder left the exchange, leaving legal chief Norman Reedan to take the helm. Meanwhile, Franklin Templeton filed for a spot Bitcoin exchange-traded fund (ETF) and former Celsius CEO Alex Mashinsky filed to dismiss the Federal Trade Commission's case against him.
Binance.US cuts 100 staff and CEO gets out
Binance.US cut around 100 positions — a third of its staff — and its president and CEO Brian Shroder also departed the crypto exchange, a company spokesperson told Cointelegraph.