Binance’s Head of Product Mayur Kamat has left Binance, in the latest in a long string of resignations from the cryptocurrency exchange.
In a statement, Binance has confirmed Kamat’s departure, saying that they were “grateful to him for helping guide Binance through some of our most explosive growth and we wish him the very best”.
Just last week, the Head of APAC at Binance Leon Foong also headed for the door, though he has not stated his reasons for doing so.
This marks the latest in a line of high profile resignations at Binance. Thus far, Binance has lost its General Counsel Hon Ng, Chief Strategy Officer Patrick Hillmann, and SVP for compliance Steven Christie.
Additionally, the exchange laid off more than a thousand employees in July, amid tensions between Binance and US regulators.