Patrick Hillmann, Binance's chief strategy officer, has confirmed his departure from the crypto exchange on good terms after two years with the company. This follows reports that several top executives in the United States have also left as a result of a Department of Justice investigation into Binance's alleged violations of U.S. sanctions.

Among those who reportedly left are general counsel Han Ng and senior vice president for compliance Steven Christie. Binance has not yet responded to requests for comment.