Binance's Chief Finance Exec Has Abruptly Left the Company

Binance declined to comment on Wei's whereabouts.

AccessTimeIconJun 9, 2021 at 6:34 p.m. UTC
Updated Sep 14, 2021 at 1:08 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Wei Zhou, the chief finance officer at Binance, has left the company, according to a spokesperson at the biggest crypto exchange by trading volume, after having worked there for nearly three years.

"After three years at Binance, Wei has decided to leave for personal reasons," the spokesperson said in an email. "While we cannot comment on what Wei will do next, we would like to thank him for his services and contributions during his time here."

It is unclear when specifically he left the exchange, but a Twitter account appeared to be associated with him was still tweeting about Binance as of June 9. Binance later clarified with CoinDesk that the account does not represent Zhou and has reported the impersonation account to Twitter.

Binance recruited Zhou in 2018 for his "over 15 years of executive experience" in both finance and technology industries. Zhou graduated from Harvard University and served as the vice chairman at Grindr, the world's leading LGBTQ social platform, before he came to the exchange.

Given his track record of creating initial public offerings, there were rumors at the time of Zhou's hiring that Binance was considering going public. Changpeng Zhao, the CEO of Binance, denied the rumor.

Zhou did not immediately return a request for comment sent via Twitter.

UPDATE (June 9, 2021, 19:28 UTC): Binance's spokesperson later clarified with CoinDesk that the Twitter account associated with Wei Zhou was an impersonation account.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.