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Norman Reed, the previous common counsel of Ripple, has been designated because the interim CEO of Binance US. This transfer comes after Brian Brooks resigned from the put up after serving for simply three months. Nevertheless, some specialists view this as a survival tactic for the alternate moderately than a progress technique. Reed performed an important function within the 2015 settlement between Ripple and the US Division of Justice, which helped Ripple keep away from potential litigation. Let’s hope effectively for Binance too.
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