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Crypto Exchange Binance Appoints Eleanor Hughes as Company’s General Counsel
Eleanor Hughes has been appointed as General Counsel of Binance, according to a press release.
Previously, she had been Head of Legal for Binance in the APAC and MENA regions, overseeing a team of lawyers focusing on regulatory matters, M&A, commercial law, and litigation.
During her role she secured a range of licenses in countries including Bahrain, Dubai and New Zealand.
With 15 years of experience at Skadden, Arps, Slate, Meagher & Flom, Hughes’ expertise lies in litigation and contentious issues.
As General Counsel she will be responsible for a team of 85 and continue to cooperate with the FATF to support Binance’s commitments to the responsible development of the industry.
Changpeng Zhao, CEO of the exchange, has said:
“[…] I am confident that under her leadership, the legal team will continue to successfully fulfill the mission of protecting users and managing risks.”
Hillmann’s departure was dismissed by the CEO as ‘usual staff turnover’, and he denied a Fortune report claiming a number of other executives were leaving.
This follows the company’s search for new employees in Europe in July, as it had running issues with local regulators.