Another senior Binance leader leaves his task

Jennifer Hicks, head of Binance’s counterterrorism division, has left the cryptocurrency exchange soon after two many years.

Another senior Binance leader leaves his task. Photo: Cryptocurrency News

The “superstructure” apparatus of Binance turbulence continued with the departure of a different female director. Information on Jennifer Hicks’ LinkedIn profile implicitly confirms that she has resigned from the exchange.

Before primary Binance’s counterterrorism division in December 2021, Jennifer Hicks joined Chainalysis and worked in the US Navy. Journalist Bloomberg also confirmed the information that Ms. Jennifer had left.

Binance senior counterterrorism officer Jennifer Hicks has left the enterprise @The terminal pic.twitter.com/ehk3Q0G6b0

— Muyao (@MuyaoShen) November 16, 2023

The over move comes in the context of cryptocurrency more and more turning out to be a unpleasant key phrase in terrorist financing in the United States. The most current illustration is Hamas and other extremist organizations have mobilized hundreds of thousands of bucks in cryptocurrencies just before the brutal assault on Israel. Since then, US officials have attempted to inquire Congress to crack down on terrorists’ use of cryptocurrency.

To date, Binance has not nonetheless responded to the information of Jennifer Hicks’ exit from the organization. However, she is not the only senior leader at the exchange to tender her resignation a short while ago. Before, former solution manager, Head of the Asia-Pacific areasenior Binance official at America, Older brother, France, Eastern Europe and Russia…everyone has the very same selection.

The over departures are a harbinger of important turbulence taking place in Binance’s management construction, in particular as the exchange suffers from a series of legal ax by US officials. A expensive battle with the Securities and Exchange Commission (SEC) it stays open to this day. The world’s biggest cryptocurrency exchange also faces obstacles in lots of other nations this kind of as Canada, England, Holland, Belgium, Cyprus, Brazil, Shirt, Virtue, Australia, Nigeria…

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