Crypto exchange Binance hit by executive exodus

General Counsel Hon Ng has also quit, Fortune and Bloomberg News reported on Thursday, with both outlets citing a person familiar with his departure.Yibo Ling, Binance's U.S.-based chief business officer, has also left, Bloomberg reported.Securities and Exchange Commission for allegedly breaching the regulator's rules, pushing its global market share to 52% from 60% at the start of the year, according to data firm Kaiko. Last month, Binance was hit by a lawsuit by the U.S.July 5 (Reuters) - The market share of Binance, the world's largest cryptocurrency exchange, and its U.S.affiliate have shrank this year, as they battle an onslaught…