Several Compliance Executives Exit Binance, AML and Surveillance Team Faces Personnel Changes

BlockBeats News, April 7th. According to Bloomberg, Binance's compliance system has undergone multiple personnel changes. Chief Compliance Officer Noah Perlman has discussed his departure with management. In addition, several senior compliance officials responsible for sanction enforcement, financial crime monitoring, and investigations have also left.

Binance responded that the above changes are part of "normal personnel flow and performance management." It is worth noting that Binance is currently facing regulatory and public relations pressure. Legislators and blockchain analytics firms are concerned whether its platform has been used by Iran-related accounts to evade U.S. sanctions. Binance stated that its compliance commitment "remains intact" and is cooperating with regulatory agencies and law enforcement investigations.