Crypto Exchange Gemini Appoints Morgan Stanley Exec As Chief Compliance Officer To Help Build Trust
Regulatory compliance has become one of the biggest obstacles that crypto based companies have to overcome.
I comes as no surprise that these companies are looking for an employee who can manage their compliance. One of the biggest crypto exchange, Gemini has hired a new Chief Compliance Officer, Noah Perlman.
#TeamGemini Update – Noah Perlman will be joining us as Chief Compliance Officer!
Compliance is one of Gemini’s four pillars and we are excited for Noah to continue to build on this tradition.
Read more about Noah on our blog: https://t.co/Y6iANzERno
— Gemini (@Gemini) September 4, 2019
Prior to Gemini, Noah was working as the Global Head of Financial Crimes and led the 350+ person Financial Crimes Group. He had firm-wide, legal and compliance responsibility for the governance, oversight, and execution of the firm’s Anti-Money Laundering (AML), Sanctions, Anti-Boycott, Anti-Corruption, and Government and Political Activities programs.
Befor Morgan Stanley, he was the Division Counsel for the United States Drug Enforcement Administration (DEA) New York Division and an Assistant United States Attorney (AUSA) for the Eastern District of New York where he held several supervisory posts including, Special Coordinator for Crimes against Children and Deputy Chief of the Narcotics Section.
The company’s CEO, Tyler Winklevoss had a few words to tell about the hiring:
“Gemini's philosophy of asking for permission, not forgiveness, is a first in the crypto industry. Compliance is one of Gemini's four pillars along with Product, Licensing, and Security. Noah has deep compliance expertise and we are excited for him to continue to build on Gemini's compliance-first tradition.”
It hasn't even been a month since Gemini hired their new Chief Security Officer, David Damato. He was the CSO of top cybersecurity firm Tanium.