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Benjamin Njiri

Binance.US appoints Stephen Gregory as CEO as DoJ investigation and outflows mount

Binance.US has appointed Stephen Gregory as its new CEO, replacing Norman Reed who will transition into a senior advisory role. The leadership overhaul comes as the exchange faces a U.S. Department of Justice probe and mounting political scrutiny, while also experiencing notable BTC reserve outflows since late February. The platform is simultaneously pushing new products such as staking and referral programs despite the ongoing regulatory and market pressure.