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Binance.US Appoints Lesley O’Neil as New Chief Compliance Officer

Published 01/08/2024, 07:45 PM
Binance.US Appoints Lesley O’Neil as New Chief Compliance Officer

  • Binance.US appoints Lesley O’Neil as CCO to spearhead compliance efforts.

  • The new executive will lead KYC and AML programs within Binance.US.

  • Lesley previously served as CCO at Prove and held roles at Ernst & Young and Bloomberg LP.

Binance.US, the U.S. subsidiary of the largest cryptocurrency exchange, Binance, has appointed Lesley O’Neil as its new Chief Compliance Officer (CCO), according to a January 4 blog post on the crypto exchange’s website.

As noted in that announcement, Lesley will lead Binance.US’s charge to ensure regulatory compliance in its operations. The newly appointed executive will spearhead compliance efforts such as Know Your Customer (KYC), Anti-Money Laundering (AML), and sanctions programs.

Lesley’s appointment follows a 2023 marked with regulatory challenges for the crypto exchange, especially in the US. Towards the end of last year, Binance co-founder and former CEO Changpeng Zhao vacated his seat and pleaded guilty to anti-money laundering violations. The CEO and Binance also agreed to a $4.3 billion deal with prosecutors.

With the regulatory troubles yet to cease, the crypto exchange said Lesley’s 15 years of e…

The post Binance.US Appoints Lesley O’Neil as New Chief Compliance Officer appeared first on Coin Edition.

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