Binance.US Taps Lesley O’Neill as its New Chief Compliance Officer
Binance.US, the American subsidiary of global cryptocurrency behemoth Binance , has announced the appointment of Lesley O’Neill as its new Chief Compliance Officer.
According to a recent announcement , O’Neill brings a wealth of experience to the role, having previously worked at digital identity fintech Prove Identity for five years, where she served as Chief Compliance Officer for two years.
Prior to her tenure at Prove, she also had experience in the traditional finance sector.
As the Chief Compliance Officer at Binance.US, O’Neill will be responsible for overseeing the firm’s know-your-customer (KYC), anti-money laundering (AML), and sanctions programs.
She takes over from Tammy Weinrib, who left the company in November after nearly two years.
Interim CEO Norman Reed expressed his confidence in O’Neill, highlighting her expertise in fraud and identity, and her successful track record in developing and managing compliance and legal functions.
“It is incredibly exciting to join Binance.US at this important time for the company and digital asset industry,” O’Neill said in a comment.
“I look forward to earning and maintaining the trust of our customers and regulators by building upon the company’s strong foundation of compliance and deepening its commitment to accountability and transparency.”
Binance.US and its global parent company, Binance, have faced regulatory scrutiny in recent months.
In June, the Securities and Exchange Commission (SEC) initiated an enforcement action against them, alleging the sale of unregistered securities.
The SEC lawsuit named Binance founder Changpeng Zhao as one of the defendants, accusing him of controlling Binance.US despite claiming it operated independently.
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