Elusive Ex-Binance.US CEO Catherine Coley Reemerges in SEC Suit
- Portions of testimony were published as part of SEC complaint
- Departure had caused some to speculate about her fate
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In 2019, Catherine Coley became the first chief executive of Binance.US, a crypto exchange that shares its name with the world’s largest digital assets trading platform Binance Holdings Ltd. Two years later, she stepped down suddenly and has been little heard from or seen since.
That is, until the US Securities and Exchange Commission sued the two platforms along with its founder Changpeng “CZ” Zhao on Monday, accusing the group of commingling assets and allowing the Binance parent to manage and influence parts of the US business from afar, among other charges. Portions of testimony given by Coley to the watchdog were published as part of the SEC’s complaint, shedding some light on her experience while running the Binance.US platform.