Former British Prime Minister Johnson's brother resigns from his position as an advisor to Binance's subsidiary

ChainCatcher news, Binance announced on Monday that former UK Prime Minister Boris Johnson's brother, Jo Johnson, resigned from his position on the advisory board of Binance's UK subsidiary last week, citing that "the cryptocurrency industry is preparing to suffer further pain after last month's FTX debacle," while Binance faced difficulties upon its launch in the UK.

Jo Johnson stated in an interview with The Daily Telegraph: "I resigned from the advisory board last week and no longer hold any role in that board or any related entities." Reports indicate that Jo Johnson joined a Binance subsidiary as an advisor in September. (Reuters)