Get Access

Bitfury Hires Former Binance US Chief Brian Brooks as CEO: Report

TOP #1 Financial Expert will show you how to turn: $500 INTO $6,508 IN UNDER 1 TRADING WEEK.

CLICK BELOW OPEN YOUR ACCOUNT FREE & TAKE YOUR PHONE ALERT BY HAVING THE CHANCE TO RECEIVE A LIFE-CHANGING CALL TODAY.

Bitcoin mining firm Bitfury has employed former Binance US chief Brian Brooks as its new CEO, the Financial Times reported on Thursday.

  • Brooks is changing Valery Vavilov, who will keep on as Bitfury’s “chief vision officer,” the report stated.
  • Bitfury didn’t instantly reply to CoinDesk’s request to substantiate the appointment.
  • The appointment comes weeks after information emerged that Bitfury was planning to go public within the subsequent 12 months in what could be Europe’s greatest cryptocurrency valuation.
  • The Amsterdam-based agency is regarded as valued at $1 billion.
  • After simply 4 months with Binance US, Brooks resigned in August citing “differences over strategic direction,” between him and his colleagues.
  • His appointment had been seen as an indication that the infamously opaque Binance was looking for a picture of higher transparency by way of hiring well-regarded regulators to senior roles.
  • Brooks had beforehand served as the performing controller of the Office of the Comptroller of the Currency (OCC), the regulator for U.S. nationwide banks, between May 2020 and January 2021.

Read extra: Argo Blockchain Achieves Record Revenue in Third Quarter

SHARE WITH YOUR FRIENDS