The U.S. arm of Binance, the world’s largest cryptocurrency exchange by trading volume, has hired former FBI agent BJ Kang as its first head of investigations.
In his new role, Mr. Kang will work closely with law enforcement, regulators and other crypto companies, Binance.US said. The company said it will build Binance.US’ own “investigations infrastructure” to identify and mitigate crypto-related criminal activities on the platform.
Mr. Kang, known for high-profile investigations of some of the biggest insider-trading cases on Wall Street, could lend credibility to the exchange as it faces probes from federal authorities. The Securities and Exchange Commission and the Commodity Futures Trading Commission have launched probes into several crypto companies.
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