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Brooks Quits as CEO of Crypto Exchange Binance.US

The former regulator is leaving after just three months on the job.

Brian Brooks, a former top U.S. banking regulator, resigned as chief executive of cryptocurrency exchange Binance.US, just three months after taking the job.

Mr. Brooks announced his departure on Twitter, posting: “Letting you all know that I have resigned as CEO of Binance.US. Despite differences over strategic direction, I wish my former colleagues much success.”

Through a spokesman, Mr. Brooks declined to comment beyond his post.

Changpeng Zhao, the founder and CEO of crypto-exchange company Binance Holdings Ltd., confirmed the resignation on Twitter, where he said, “I remain confident in Binance.US’s business.”

The resignation is the latest blow for Binance, which has come under scrutiny from regulators in several countries this summer.

THE WALL STREET JOURNAL

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