Binance, the world’s leading provider of blockchain ecosystem and cryptocurrency infrastructure, today announced the appointment of Greg Monahan, a former U.S. Treasury criminal investigator, who is joining the organization as head of reports on the money laundering (GMLRO).
Mr. Monahan has nearly 30 years of recognized government service, the majority of which as a U.S. Treasury Criminal Investigator, responsible for tax, money laundering and other related financial crime investigations. He has led complex international investigations that have resulted in the dismantling of some of the most prolific cybercriminals, state actors and terrorist organizations.
“Binance has a strong culture of putting its users first, from delivering market-leading products to support high-level investigations that help make the crypto industry more secure, ”said Monahan. “My efforts will focus on expanding Binance’s international anti-money laundering (AML) investigation and anti-money laundering (AML) programs, as well as strengthening the organization’s relationship with regulatory and enforcement bodies. of the law all over the world. “
Binance CEO Changpeng Zhao (CZ) said, “We have always maintained Binance at the highest level to protect the interests of our users, and to that end, we are always expanding our capabilities to make Binance and the industry at broadly speaking a safe place for all participants. “
“As a former US Federal Law Enforcement Investigator, Greg Monahan brings a wealth of AML and investigative experience to Binance. We are delighted to welcome him to our team as GMLRO and look forward to his contributions.
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Karen Leong, who has served as GMLRO since 2018, remains at Binance as Chief Compliance Officer and continues to promote compliance efforts within the organization.
Binance has grown its international compliance team and advisory board by 500% since 2020. Notable appointments include Jonathan farnell as Chief Compliance Officer, former FATF executives Rick McDonell and Josée Nadeau as Compliance and Regulatory Advisors and Former US Senator Max Baucus policy and government relations advisor.
Binance is the world’s leading blockchain and cryptocurrency infrastructure provider with a suite of financial products that includes the largest digital asset exchange by volume. Trusted by millions of people around the world, the Binance platform is dedicated to increasing the freedom of money for users and offers an unrivaled portfolio of crypto products and offerings including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more. For more information visit: Binance