BJ Kang departs the FBI for the cryptocurrency exchange after working for the federal investigative agency for two decades, most recently on the Washington field office’s cybercrime unit.
Kang was an FBI supervisory special agent with the National Cyber Investigative Joint Task Force Financial Pursuit Team, where he worked on Bitcoin-related investigations alongside colleagues from the IRS, U.S. Secret Service, and FinCEN, according to the company’s release.
CEO Brian Shroder said in a statement:
“Binance.US operates with a compliance-first mindset, and over the past year we have made significant investments in our legal, regulatory, and compliance operations.”
Kang lauded Binance.US’s existing collaboration with law enforcement, emphasizing the importance of tight cooperation.
The worldwide Binance brand has been under intense scrutiny from both law enforcement and regulators. Shroder’s predecessor left Binance.US last year after apparently feuding with global CEO Changpeng Zhao over control of the US branch.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
CoinCu News
Explore the latest crypto trends, Ethereum's status, Bitcoin ETFs, and crypto market dynamics. Learn about…
Bitcoin transactions represent the movement of bitcoins from senders to receivers, digitally signed using cryptography…
Visa's new metric finds that over 90% of stablecoin transaction volumes lack genuine user engagement.
Data from Coinglass has unveiled staggering figures of liquidated contracts, shaking both seasoned investors and…
Over 84% of the staked Sui token supply is controlled by the founders, raising centralization…
The Coinbase class action lawsuit, echoing a previous case against the exchange, accuses it of…
This website uses cookies.