Silk Road & WEX IRS Investigator To Become Binance’s Top Manager

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Binance cryptocurrency platform has decided to establish a closer interaction with regulators. For this, the exchange hired former employees of the US Internal Revenue Service.

To the Binance team
have joined two former special agents of the US Internal Revenue Service (IRS) under the US Treasury. The platform invited ex-specialists in state cybersecurity to the positions of top managers. In particular, the former special agent of the IRS Criminal Investigation Department, Tigran Ghambaryan, has been appointed Deputy President for Global Intelligence and Investigations. His former colleague Matthew Price was hired as senior director of investigations at Binance.

While working for the IRS, the agents were part of the cybercrime division and led the investigation of high-profile cases. In particular, Tigran Ghambaryan headed the investigation into the Silk Road case by the IRS. The same division was involved in the MtGox exchange case, although it did not bring any concrete results. There is a version that he was recruiting Dmitry Vasilyev, the manager of the WEX exchange, when he was hunting for “the treasures of Alexander Vinnik.” Matthew Price investigated the high-profile case of the Helix darknet mixer.

The choice of the platform administration in the light of recent events is quite obvious. The cryptocurrency exchange is doing everything to win over regulators in the period of their excessive interest in the platform in a number of countries.

In May, information appeared that the activities of the exchange were being investigated by the Ministry of Justice and the Tax Service. Earlier, the media wrote about the audit of Binance by the Commodity Futures Trading Commission (CFTC). The sudden departure of Binance.US CEO Brian Brooks in August was due to regulatory pressure.

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