Binance Asia-Pacific Head Foong Leaving Biggest Crypto Exchange

Binance Asia-Pacific’s head Leon Foong is leaving the world’s largest crypto exchange, according to people familiar with the matter.

Foong, who led Binance’s expansion into markets like South Korea, Thailand and Japan, has resigned, one of the people said, asking not to be named because the move hasn’t been publicly announced.

Leon Foong

Source: Binance

His resignation follows senior departures in recent months including chief strategy officer Patrick Hillman and general counsel Hon Ng, after regulators from the US to Australia clamped down on the exchange over a range of alleged transgressions.

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