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VOICE ARCHIVE

Patrick Hillmann

@prhillmann
18 posts
2023-07-08
Apologies for any typos, but I was not expecting to be tweeting about this today. It's true that I am leaving @Binance, but I'm doing so on good terms. I continue to respect and support @cz_binance and am grateful for having had the incredible opportunity to work under his... https://twitter.com/...
2023-07-08 View on X
The Block

Report: Binance General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and compliance SVP Steven Christie quit over CZ's response to the DOJ's probe

- Top executives at Binance resigned this week over CEO Changpeng Zhao's handling of regulatory investigations into the company, Fortune reported, citing sources. Source: Fortune .

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2023-07-07
Apologies for any typos, but I was not expecting to be tweeting about this today. It's true that I am leaving @Binance, but I'm doing so on good terms. I continue to respect and support @cz_binance and am grateful for having had the incredible opportunity to work under his... https://twitter.com/...
2023-07-07 View on X
The Block

Report: Binance GC Han Ng, Chief Strategy Officer Patrick Hillmann, and compliance SVP Steven Christie are leaving Binance over CZ's response to the DOJ's probe

- Top executives at Binance resigned this week over CEO Changpeng Zhao's handling of regulatory investigations into the company, Fortune reported, citing sources. Source: Fortune .

View original
2023-06-13
To @iampaulgrewal's point, tomorrow will likely prove to be one of the most consequential days in the history of the US blockchain community. Buckle up and pray the judicial system helps provide relief for US users tomorrow. https://twitter.com/...
2023-06-13 View on X
The Block

SDNY releases documents in which an ex-SEC director suggested ether and bitcoin were not securities in 2018, which crypto advocates say undermines the SEC

- Certain documents related to former SEC director William Hinman have been released in the SEC's lawsuit against Ripple Labs.

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This is a win for the UK. Congrats to @a16z and the UK Crypto community. https://twitter.com/...
2023-06-13 View on X
Axios

a16z plans to open a crypto-focused office in London and leads a $43M round in London-based Gensyn, which offers a decentralized compute network for training AI

Over the last year it has become clear that blockchains … Reuters : London crypto move is a sign of desperate times FinSMEs : Gensyn Raises £33.8M in Series A Funding Eli Dambel / ...

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2023-06-12
This is a win for the UK. Congrats to @a16z and the UK Crypto community. https://twitter.com/...
2023-06-12 View on X
Axios

a16z plans to open a crypto-focused office in London and leads a $43M round in UK-based Gensyn, which offers a decentralized compute network for training AI

America's largest investor in crypto startups believes that the industry's future may be across the pond, and is opening …

View original
2023-05-23
Let me explain just how desperate a journalist @Reuters is to publish a negative story. The whole base of their story this morning, is that when users purchased BUSD (Paxos) from Binance, they were taken to a transaction page that had the term “deposit” on it. Users were making a... https://twitter.com/...
2023-05-23 View on X
Reuters

Sources: in 2020 and 2021, Binance commingled customer funds with revenue; a source says the sums ran into billions of dollars in Silvergate-held accounts

The world's largest cryptocurrency exchange, Binance, commingled customer funds with company revenue in 2020 and 2021 …

View original
2023-03-28
Hey @matt_levine, as always, thank you for breaking down this very complex issue. I want to ensure that you saw @cz_binance's personal response this morning addressing some of your outstanding issues: https://www.bloomberg.com/... https://twitter.com/...
2023-03-28 View on X
Bloomberg

The CFTC's case vs. Binance is mainly about US clients, like high-frequency trading firms in NYC and Chicago, using an unregistered crypto derivatives exchange

Matt Levine / Bloomberg :

View original
Hey @matt_levine, as always, thank you for breaking down this very complex issue. I want to ensure that you saw @cz_binance's personal response this morning addressing some of your outstanding issues: https://www.bloomberg.com/... https://twitter.com/...
2023-03-28 View on X
Binance Blog

Binance CEO CZ says CFTC's complaint contains “incomplete recitation of facts” and Binance does not agree with “characterization of many of the issues alleged”

Today, the CFTC filed an unexpected and disappointing civil complaint, despite our working cooperatively with the CFTC for over two years.

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2023-03-24
I am not a crypto native. I spent most of my career in traditional finance, consulting, and crisis management. What I have witnessed these past 6 months is unprecedented and in my personal opinion should not happen here in the US. No entity should be above the law of the land. https://twitter.com/...
2023-03-24 View on X
CNBC

Filing: Coinbase received an SEC notice warning the exchange of potential US securities law violations that could lead to enforcement actions; COIN drops 10%+

View original
The tribalism that has marked the crypto industry must end today. We have seen a strong response from @brian_armstrong and the @coinbase team today. However, the industry needs to speak with one voice moving forward. More than American exceptionalism is at stake.
2023-03-24 View on X
CNBC

Filing: Coinbase received an SEC notice warning the exchange of potential US securities law violations that could lead to enforcement actions; COIN drops 10%+

View original
2023-03-23
I am not a crypto native. I spent most of my career in traditional finance, consulting, and crisis management. What I have witnessed these past 6 months is unprecedented and in my personal opinion should not happen here in the US. No entity should be above the law of the land. https://twitter.com/...
2023-03-23 View on X
CNBC

Coinbase says it received an SEC notice warning the exchange of potential US securities law violations that could lead to enforcement actions; COIN drops 10%+

- The SEC issued crypto exchange Coinbase a Wells notice, warning the exchange that it identified potential violations of U.S. securities law.

View original
The tribalism that has marked the crypto industry must end today. We have seen a strong response from @brian_armstrong and the @coinbase team today. However, the industry needs to speak with one voice moving forward. More than American exceptionalism is at stake.
2023-03-23 View on X
CNBC

Coinbase says it received an SEC notice warning the exchange of potential US securities law violations that could lead to enforcement actions; COIN drops 10%+

- The SEC issued crypto exchange Coinbase a Wells notice, warning the exchange that it identified potential violations of U.S. securities law.

View original
2022-12-22
Few will understand, but @SBF_FTX was a villain of historic proportions. The damage his paid media and lobbying campaign has done to this industry has yet to be fully realized. However, tonight my thoughts are with the millions of users he wiped out financially @CoinDesk
2022-12-22 View on X
Washington Post

The SDNY says ex-Alameda CEO Caroline Ellison and FTX CTO Gary Wang pleaded guilty to federal charges, both are cooperating, and releases them on a $250K bond

Caroline Ellison and Gary Wang helped disgraced crypto mogul divert funds and are now aiding prosecutors

View original
Few will understand, but @SBF_FTX was a villain of historic proportions. The damage his paid media and lobbying campaign has done to this industry has yet to be fully realized. However, tonight my thoughts are with the millions of users he wiped out financially @CoinDesk
2022-12-22 View on X
Bloomberg

Sam Bankman-Fried lands in the US to face criminal charges after being taken into custody on December 21, following extradition approval by a Bahamas judge

Sam Bankman-Fried is on his way to an airport to be flown to the US to face a litany of criminal charges after a Bahamas judge approved his extradition.

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2022-12-15
@felixsalmon You can always just reach out and ask us, @felixsalmon We speak with Axios fairly regularly. Reach out any time. Would love to talk.
2022-12-15 View on X
The Block

Binance spokesperson Patrick Hillmann claims Changpeng Zhao has traveled to the US without publicizing it, after rumors that he could face legal difficulties

- Binance's Chief Strategy Officer and company spokesperson Patrick Hillmann said that CEO Changpeng “CZ” Zhao has been in the U.S. …

View original
@SilvermanJacob * CZ wasn't on that text chain prior to the Tether issue * She is a founder and leads our admin team * Cayman islands, but that will be updated shortly * Yes, but its not publicized as he is the CEO and chief spokesperson of https://binance.com/ and we can't market to US users
2022-12-15 View on X
The Block

Binance spokesperson Patrick Hillmann claims Changpeng Zhao has traveled to the US without publicizing it, after rumors that he could face legal difficulties

- Binance's Chief Strategy Officer and company spokesperson Patrick Hillmann said that CEO Changpeng “CZ” Zhao has been in the U.S. …

View original
@WuBlockchain Correct, we currently have two regional hubs with major offices where between 200 to 400 employees are based in each: Paris and Dubai, @WuBlockchain.
2022-12-15 View on X
The Block

Binance spokesperson Patrick Hillmann claims Changpeng Zhao has traveled to the US without publicizing it, after rumors that he could face legal difficulties

- Binance's Chief Strategy Officer and company spokesperson Patrick Hillmann said that CEO Changpeng “CZ” Zhao has been in the U.S. …

View original
2022-08-23
Hackers created a “deep fake” of me and managed to fool a number of unsuspecting crypto projects. Crypto projects are virtually under constant attack from cybercriminals. This is why we ask most @binance employees to remain anonymous on LinkedIn. https://www.binance.com/...
2022-08-23 View on X
Bitcoin News

Binance's CCO says hackers used an “AI hologram” to impersonate him during video calls to scam crypto projects into believing they would be listed on Binance

A set of hackers managed to impersonate Binance chief communications officer (CCO) Patrick Hillmann in a series …

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