Joe Johnson resigns from Binance UK Advisory Board

The brother of the ex-prime minister of Great Britain left the advisory body of the local division of Binance and said that there was “no connection whatsoever” with the crypto exchange.

Jo Johnson’s departure comes amid growing attention to Binance. Cryptocurrency regulators, investors, and analysts are all expressing equally cautious concerns about the prospects amid the collapse of major competitor FTX.

Joe Johnson joined Binance as the Executive Chairman of FutureLearn and Advisor and Board Member of Binance UK in March.

In a December media statement, Johnson tried to distance himself as much as possible from the world’s largest crypto exchange:

“I resigned from the Binance Advisory Board last week and from now on I have no relation to it or any organization associated with it.”

The press in the United Kingdom is of the opinion that Johnson’s decision is quite logical, since in turbulent times it is desirable for public figures to avoid ties with Binance and any other odious cryptocurrency projects. Earlier, the CEO of the world’s largest crypto exchange, Changpeng Zhao, responded to criticism from Shark Tank host Kevin O’Leary in the US Congress, calling the host a liar who makes irresponsible statements and draws public attention to Binance.

Source: Bits

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