Brooks confirmed in an e-mail to CoinDesk that his account was not hacked. Within the tweet, Brooks cited “variations over the strategic path” between him and his colleagues.
Earlier than becoming a member of the U.S. arm of the Binance world crypto alternate, Brooks helmed the Workplace of the Comptroller of the Forex (OCC), the regulator for nationwide banks, below U.S. President Donald Trump.
Brooks’ hiring appeared to have been a part of a method by Binance.US and its dad or mum to enhance their standings by hiring well-regarded former regulators from around the globe. Now, Brooks’ abrupt departure, together with the final month’s equally surprising departure of the director of Binance Brazil after solely six months, is sure to boost questions as regulatory scrutiny of the world’s largest crypto alternate by buying and selling quantity and its varied subsidiaries has solely intensified. In current months, a number of international locations together with the U.Okay. and Japan has taken motion in opposition to Binance.
In an announcement, Binance CEO Changpeng “CZ” Zhao (Binance.US’ chairman) mentioned he’s “assured in Binance.US’s enterprise and its dedication to serving its prospects.”
Brooks’ departure, CZ added, wouldn’t have an effect on Binance.US prospects “in any method.”
Neither he nor Brooks elaborated on why they parted methods. No phrase on a successor, even an interim one, both.
“Brian’s work for Binance.US has been invaluable and we hope he’ll proceed to be an integral part of the crypto business’s progress, advocating for laws that transfer our business ahead,” Zhao mentioned in a separate assertion offered to CoinDesk. “We want him the perfect in his future endeavors.”
That well-wishing contrasted with the way in which Binance.US handled Brooks’ predecessor Catherine Coley; the alternate didn’t even point out her when it employed Brooks in April.
Throughout his time as appearing comptroller of the forex, Brooks pursued an aggressively crypto-friendly reform agenda and met typically with members of the digital asset business – from company CEOs to bleeding-edge entrepreneurs from the decentralized finance (DeFi) house.