Latest crypto position: Binance.us adds ex-fbi agent to lead investigations

Latest crypto position: Binance.us adds ex-fbi agent to lead investigations

binance.Us former FBI agent bj Kang as the first investigation manager to set up the internal investigative infrastructure.

The executive will work with US criminal prosecution authorities, supervisory authorities and industry colleagues to curb crypto-related criminal activities on the platform.

After almost two decades at the FBI, Kang spent the last seven years in Washington in the team department for cybercrime-where he examined insider trade and online money laundering as well as hackers, which had been targeting crypto and tradfi companies.

"In order to strengthen trust and enable further growth of the crypto ecosystem, close coordination between the crypto industry and the responsible law enforcement authorities is necessary to identify and punish bad actors," said Kang in a statement.

Reuters reported last month that the US authorities examined whether Binance has violated the Secrecy Act bank, which reported reporting obligations for banks and other financial institutions to combat money laundering. A spokesman said Blockworks that the company regularly works with the supervisory authorities to process such inquiries.

binance.Us increased the number of employees in its legal, compliance and risk units by 145 % last year. During this time, the ex-board of the Intel Corporation, Sidney Majalya, and the former director of the Société Générale, Tammy Weinrib, were discontinued as Chief Risk Officer or Chief Compliance Officer.

JPMorgan Chase added an executive director for the regulatory policy for digital assets this month, despite the continued bumps of CEO Jamie Dimon, which are aimed in the general direction of all crypto things.

aaron iovine spent the last eight months as head of political and regulatory matters at Celsius, the crypto creditator, according to his left registered bankruptcy in July.

iovine and a JPMorgan spokesman did not answer on inquiries about comments.

dimon, on the other hand, described crypto tokens last month in testimony before the congress as "decentralized ponzi schemes".

Judgments signal that the company - at least usually - is not yet finished, as is the case with JPMorgan .

Play platform for digital assets rented Christoph Siedentopf Sales.

Richard Rosenblatt Through A16Z as a senior advisor for web3. The sector has recently become more and more focused on the well-equipped venture capital company.

rosenblatt founded several media and technology companies, including Imall, Intermix/MySpace and Demand Media. He is also the chairman of Adim and Autographer-two crypto portfolio companies of A16Z.

Chris Dixon, General Partner of A16Z, said in a Monday blog that large, centralized social networks and their business models have requested a tribute of developers and media for advertising.

"While we continue to invest in founders and start-ups who want to design this web3 future, we would like to win some of the leading heads in the heart of the media, entertainment and content creating industry," said Dixon. "I am very pleased [Rosenblatt] will now be an invaluable resource for our portfolio companies."

Bitkraft ventures funded Carlo Pereira to guide the interface of Web3 and gaming.

His task will be to get in touch with company founders and to help Bitkraft Ventures portfolio companies to cope with the complexity of the emerging sector.

Pereira, who used to work at the investment company Eldridge, said he met the founders of Bitkraft in 2018.

"I am honored to advance our efforts in Web3, which quickly developed into a large talent strudel for great entrepreneurs who create a new basis for how complex societies can thrive online," said Pereira in an explanation.

crypto venture capital company 1K (x) has gained a former ETP issuer as a new partner.

diana bigges was last chief strategy officer at valor and chief executive of the digital asset etp business. Biggs had previously held the title of the Global Head of Innovation for HSBC's private bank.

1K (X) has more than 80 crypto and web3 companies in its portfolio and usually invests between 250,000 and $ 20 million in early stages.

In an explanation, Biggs said that her new employer had played "done pioneering work" in both crypto native and "Community-First" investments and a key role in their decision to join.

Blockchain capital has added alan curtis as head of the platform and Kaleb Tebbe as a senior research engineer.

Curtis and Tebbe come from Core Scientific, where you were Chief Technology Officer or Senior Vice President of Product and Engineering, to the risk capital company.

The two also found the blockchain technology company Radar, which was sold to the Krypto-Miner Blockcap last year. Blockchain has previously invested in Radar.

"We have led two financing rounds, sat on their board and together have completed a successful acquisition," said Blockchain co-founder Bart Stephens in a statement. "Now we are ready to invest in you again, this time as investors while expanding our platform and our engineering teams."

rent sprees

Fidelity Digital Assets expected to expand his team by about 100 other employees in the next three to six months Chris Tyrer Head of Fidelity Digital Asset Management and Fidelity Digital Assets Europe.

The comments that were made on Tuesday during a panel on the Digital Asset Summit from Blockworks in London will come after the company announced in May that it wanted to double its number of employees by the end of the year by adding 210 employees.

tyrer said that the setting landscape in space looked very different a year ago during the crypto bull run.

"We lost people in terms of job offers to some technology companies that were ready and able to pay above average," he said. "I think that has definitely calmed down, so the attitude has now become much easier, but I think that will change again in the future."

crypto asset manager from Hong Kong Xalte strives to have eight employees by the end of the month, and intend to increase the number of employees to 30 employees by the end of the year, Efinancialcareers reports.

Ashutosh Goel A former Fixed-Income dealer at HSBC, was co-founder of Xalts together with an ex-meta-manager Supreet Kaur . At the beginning of this month, Citi Ventures and Accel jointly managed a Venture round of $ 6 million. .