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Data: The number of Binance compliance employees increased by 34% year-on-year

2024-11-22 10:10

Odaily Planet Daily News: Binance stated that as the company continues to rapidly build its compliance department, it is expected to have 645 full-time compliance employees by the end of this year, a 34% increase from November last year. Including contractors, Binance already has over 1000 employees dedicated to compliance work. In 2023, Binance will increase compliance spending by 36%. The newly appointed Corporate Compliance Director of Binance, Todd McElduff, will be responsible for the exchange's relationship with global law enforcement agencies. Previously, he led PayPal's global financial crime supervision department. Coin An also hired two special investigation experts, C é line Inial of France and Caner Aky ü rek of Türkiye, who had worked in the law enforcement departments of their respective countries for nearly 20 years. (CoinDesk)

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