Zhao Changpeng responded to Fortune magazine’s report on the resignation of several Binance executives, saying, “The reasons given by the news for some resignation FUD are completely wrong. With the changes in the cryptocurrency market and the global environment, as Binance Every company has personnel turnover. Binance will continue to BUILD and continue to recruit. Thanks to all former team members for their contributions to Binance’s growth and wish them all the best.” Previously, According to Fortune magazine, the reason for the departure of several Binance executives is the response to the ongoing investigation of Zhao Changpeng and Binance by the Justice Department. "Fortune" stated that there were rumors that the US Department of Justice was about to file criminal charges against Binance and Changpeng Zhao.