{"id":62007,"date":"2023-10-19T04:03:48","date_gmt":"2023-10-19T08:03:48","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=62007"},"modified":"2023-10-19T04:03:50","modified_gmt":"2023-10-19T08:03:50","slug":"stephanie-cabossioras-resigns-as-director-of-binance-france","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/stephanie-cabossioras-resigns-as-director-of-binance-france\/","title":{"rendered":"St\u00e9phanie Cabossioras Resigns as Director of Binance France"},"content":{"rendered":"\n

St\u00e9phanie Cabossioras, Binance's director in France, is at least the tenth executive to leave the cryptocurrency exchange this year.<\/a><\/p>\n\n\n\n

\"\"
St\u00e9phanie Cabossioras Resigns as Director of Binance France<\/figcaption><\/figure>\n\n\n\n

In an October 19 post on X (formerly known as Twitter), David Princay, a resident of Binance France, confirmed Cabossioras' departure and thanked her for her contributions to the exchange.<\/p>\n\n\n\n

La DG adjointe de Binance France \ud83c\uddeb\ud83c\uddf7 @StepCabossioras\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> quitte l\u2019entreprise et sort du directoire du g\u00e9ant.

Dans cette p\u00e9riode d\u00e9licate entre le bear market et le cadre r\u00e9glementaire qui touche les activit\u00e9s de Binance, \u00e7a va faire du bruit et ce ne sera pas une agr\u00e9able annonce.<\/p>— Hasheur (@PowerHasheur) October 18, 2023<\/use><\/svg><\/span><\/a><\/blockquote> \n\n\n\n

Prin\u00e7ay wrote, \u201cWe thank St\u00e9phanie for her strong contribution to Binance France and wish her the best for her next challenge,\u201d\u00a0<\/p>\n\n\n\n

In April 2022, Cabossioras joined Binance as the chief of legal for the French branch of the cryptocurrency exchange. In November of the same year, he was promoted to executive director.<\/p>\n\n\n\n

A Binance spokesperson informed reporters, that the company's French operations continue to expand and that Cabossioras' departure has “no impact on its operations.”<\/p>\n\n\n\n

Before joining the cryptocurrency exchange, Cabossioras was the general counsel at Autorit\u00e9 des March\u00e9s Financiers, <\/use><\/svg><\/span><\/a>the organization primarily responsible for financial regulation in the Canadian province of Quebec.<\/p>\n\n\n\n

The France branch of Binance was subject to a local investigation in June, with the Paris Prosecutor's Office citing \u00a0\u201cacts of aggravated money laundering\u201d and a litany of other accusations as the investigation's basis.<\/p>\n\n\n\n

With her departure, Cabossioras joins the ranks of at least ten senior executives who have departed Binance this year alone. On July 6, three executives, including chief strategy officer Patrick Hilman, general counsel Han Ng, and Binance's global vice president of marketing and communications Steve Milton, announced their departures.<\/p>\n\n\n\n

The CEO of Binance, Changpeng “CZ” Zhao, commented on these departures on July 7, characterizing them as natural parts of his company's evolution and dismissing reports about them as FUD, an acronym for “fear, uncertainty, and doubt.”<\/p>\n\n\n\n

4. More FUD about some departures. Yes, there is turnover (at every company). But the reasons dreamed up by the \u201cnews\u201d are completely wrong.

As an organization that has grown from 30 to 8000 people in 6 years, from 0 to the world\u2019s largest crypto exchange in less than 5 months\u2026<\/p>— CZ \ud83d\udd36 Binance (@cz_binance) July 6, 2023<\/use><\/svg><\/span><\/a><\/blockquote> \n\n\n\n

Following several high-profile lawsuits filed against it by U.S. regulators, Binance's legal troubles have only gotten worse. The Commodities Futures Trading Commission<\/use><\/svg><\/span><\/a> filed a lawsuit against CZ, Binance, and its affiliates in March for several alleged trading violations.<\/p>\n\n\n\n

In June, the U.S. Securities and Exchange Commission <\/a>initiated its legal proceedings, prosecuting CZ, Binance, and its affiliates, among other allegations, for allegedly operating as an unregistered securities broker.<\/p>\n","protected":false},"excerpt":{"rendered":"

St\u00e9phanie Cabossioras, Binance’s director in France, is at least the tenth executive to leave the cryptocurrency exchange this year. In an October 19 post on X (formerly known as Twitter), David Princay, a resident of Binance France, confirmed Cabossioras’ departure and thanked her for her contributions to the exchange. La DG adjointe de Binance France […]<\/p>\n","protected":false},"author":53,"featured_media":62009,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[834],"tags":[16822,5785,5747,16821],"class_list":["post-62007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-binance","tag-binance-france-3","tag-regulations-2","tag-sec-2","tag-stephanie-cabossioras"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/10\/fr.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/62007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=62007"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/62007\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/62009"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=62007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=62007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=62007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}