Binance.US, the US arm of Binance, the world’s largest cryptocurrency exchange, has hired a new chief executive in charge of regulatory compliance.
According to the statement made by Binance.US, the company’s new chief executive responsible for legal compliance has previously worked at Prove Identity, which serves banks and financial services companies. Lesley O’Neill happened.
O’Neill, who started working at the exchange this week, replaces Tammy Weinrib, who left Binance.US in November 2023. On this date, authorities in the United States filed a lawsuit against Binance for violating money laundering and sanctions laws. $4.3 billion had reached a compromise.
Although the U.S. Securities and Exchange Commission (SEC) was not involved in this case unregistered securities service in the country continues to investigate Binance.US for allegedly giving
O’Neill wrote on Binance.US that the company know your customer (KYC), anti-money laundering (AML) And sanction will manage its policies.
Before Prove Identity, O’Neill worked at Ernst & Young, Milbank and Bloomberg.