Former BinanceUS CEO will lead Bitfury Holding

Brian Brooks will lead an organization that is preparing for a new round of funding

05.11.2021 - 12:30

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What's new? Brian Brooks, the former Comptroller of the Currency and BinanceUS CEO, has been announced as the new CEO of cryptocurrency mining company BitFury. According to Bitfury’s statement, Brooks will lead the company that is preparing for a new round of funding. Bitfury founder and former CEO Valery Vavilov will serve as chairman of the board of directors.

Bitfury Press Release

“Mr. Brooks will lead the 10-year-old crypto unicorn as it launches a new funding round, increases the growth of its mining business with a revolutionary new microchip design and new global data center locations, and scales a portfolio of innovative businesses.” the statement said.

What is known about the new employee? Previously, Brooks served as Coinbase's chief legal officer from 2018 to 2020. After that, he resigned and joined BinanceUS as CEO and the Comptroller of the Currency. He worked for only three months before resigning in August 2021. Brooks was popular among the crypto community due to his active position in support of cryptocurrencies.

“Brian is a respected executive and thought leader with deep regulatory, digital asset and capital markets expertise who shares Bitfury’s vision for a decentralized peer-to-peer economy,” Vavilov said.

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