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Mike Alfred says Binance has no single person serving as a Chief Financial Officer (CFO)

Binance crypto exchange

According to Mike Alfred, an investor and Bitcoin advocate, Binance, a crypto trading platform, has no single person serving as its Chief Financial Officer (CFO).

Instead, Alfred claims that Binance has a “decentralized CFO” consisting of a group of over 20 employees in the company’s Treasury, as the CEO, Changpeng Zhao, allegedly does not want a centralized CFO.

Alfred also alleges that Binance is in talks with potential investors, including Warren Buffett’s Berkshire Hathaway, about an equity round that would provide support and credibility to the company.

It should be noted that these claims have not been confirmed.


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