Binance has announced an expansion of its compliance and investigations team, which will grow by 34% by 2024 to a total of 645 specialists worldwide. The move comes in response to the maturing Web3 industry and the company’s accelerated growth.
The largest cryptocurrency exchange by trading volume now has over 1,000 dedicated professionals, including employees and contractors. According to the Binance team, this expansion reflects the company’s commitment to leading compliance standards in the cryptocurrency industry .
Among the most recent hires, for example, Todd McElduff stands out , who takes over as Director of Corporate Compliance. With 20 years of experience in financial crimes, Todd has previously led initiatives at PayPal and Morgan Stanley, where he oversaw anti-money laundering programs and internal investigations.
Therefore, Todd will lead efforts in areas such as transaction monitoring and collaboration with law enforcement.
New employees at Binance
Another addition to the team is Lana Sinelnikova, now Director of Business Compliance and Enterprise Risk Assessment (EWRA). Lana has over 18 years of experience in financial crime prevention, having worked at companies such as Kraken and Revolut.
Your team will then be responsible for ensuring compliance across all stages of Binance’s products, developing global and local compliance risk programs.
Additionally, Pauline Chan has been hired as a Compliance Specialist for Audit and Regulatory Analysis. Pauline brings 19 years of experience in financial crime risk management, including stints at HSBC and JP Morgan. Her role will include managing regulatory issues and audit validation.
Binance’s investigations division is also growing with the arrival of Céline Inial, a cybercrime investigator, to the team in France. And Caner Akyürek, a former Turkish National Police officer, will be based in Turkey.
