Former U.S. Regulator Brooks Named CEO of Crypto Miner Bitfury

Bitfury Group Ltd., a provider of cryptocurrency mining equipment and a slew of various related services, named Brian Brooks, a former U.S. regulator and head of Binance’s American operations, as chief executive officer.

“Excited and humbled to join” Bitfury, Brooks said on Twitter Thursday. In late October, he replaced Valery Vavilov, who is stepping back to focus on strategic initiatives as chairman of the board and chief vision officer of the Amsterdam-based private company.

Brooks resigned from Binance.US after only a few months earlier this year, citing “differences over strategic direction.” A former Acting Comptroller of the Currency late ...