Summary
Steve Christie has been appointed as the deputy chief compliance officer at Binance, the world’s largest cryptocurrency exchange. Christie previously served as the senior vice president of compliance at Binance but left last year during a regulatory crisis that led to a $4 billion settlement with US authorities. His return comes after the resignation of Binance’s co-founder and the appointment of a new executive.
Key Points
1. Steve Christie, a former senior vice president of compliance at Binance, has been appointed as the deputy chief compliance officer at the cryptocurrency exchange.
2. Christie’s return to Binance comes after the company settled anti-money laundering and US sanctions violations with US authorities, resulting in a hefty $4 billion settlement.
3. Following the regulatory crisis and settlement, Binance’s co-founder Changpeng “CZ” Zhao stepped down, and Richard Teng was appointed as the new executive.