Ripple's Ex-General Counsel Joining Binance.US Is 'Positive Sign': Pro-XRP Lawyer

Norman Reed, the former general counsel of Ripple, is stepping in as the interim CEO of Binance.US amid a wave of executive departures and layoffs at the cryptocurrency exchange. As noted by attorney John Deaton, Reed was heavily involved in the 2015 settlement between Ripple and the U.S. Department of Justice, which c

Norman Reed, the former general counsel of Ripple, is stepping in as the interim CEO of Binance.US amid a wave of executive departures and layoffs at the cryptocurrency exchange. As noted by attorney John Deaton, Reed was heavily involved in the 2015 settlement between Ripple and the U.S. Department of Justice, which classified Ripple-linked XRP as a "convertible virtual currency.