When he joined in May 2021, Antonio Horta-Osorio, Credit Suisse’s new Chairman, went out and acquired $1.2 million worth of shares in the group. Showing just how serious he was about the job. Less than 9 months later he was gone.
Is Binance serious about becoming “even more compliant?” Or are they simply seeking to hire a couple of people who appear to be experts, just so they can say to the regulators that they have? The company might make grand announcements about doubling its number of compliance staff, but that does not mean much if this is how they are going about their recruitment.
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