UPDATE 1-Binance.US legal and risk executives are leaving – WSJ

Risk and legal executives at the U.S. affiliate of Binance are leaving at a time when the crypto giant is grappling with regulatory pressures, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Krishna Juvvadi, head of legal, and Sidney Majalya, chief risk officer, are leaving Binance.US, the report said. The company said on Tuesday its chief executive, Brian Shroder, would leave and it would cut more than 100 jobs — roughly a third of its headcount.