BINANCE HIRES FORMER IRS-CI SPECIAL AGENT TO HEAD INTELLIGENCE DIVISION

In a significant move signaling its commitment to regulatory compliance and enhanced security, Binance, the world's leading cryptocurrency exchange, has appointed Tigran Gambaryan, a former Internal Revenue Service Criminal Investigation (IRS-CI) special agent, as its Vice President of Global Intelligence and Investigations.This strategic hire underscores Binance's proactive approach to navigating the increasingly complex regulatory landscape surrounding the digital asset industry.Gambaryan's extensive experience in combating cybercrime and financial offenses, gained through a decade of service with the IRS, will be instrumental in bolstering Binance's intelligence capabilities and ensuring the platform remains a safe and secure environment for its users.His work leading investigations into complex financial crimes and illicit activities makes him a perfect fit for Binance's ongoing efforts to combat money laundering, fraud, and other criminal activities within the cryptocurrency space.This move is widely seen as a direct response to the mounting regulatory pressure Binance has faced globally, suggesting a strong desire to work collaboratively with regulatory bodies and demonstrate a commitment to operating within legal frameworks.

Strengthening Regulatory Compliance: A Key Priority for Binance

The appointment of Tigran Gambaryan is a clear indication that Binance is prioritizing regulatory compliance.Facing increased scrutiny from regulatory bodies across the globe, the exchange has been actively seeking ways to enhance its compliance measures. Binance hires former IRS-CI special agent to head intelligence division. Regulatory scrutiny from around the world has forced the cryptocurrency exchange to up its compliance and auditing measures.This includes strengthening its anti-money laundering (AML) protocols, improving Know Your Customer (KYC) procedures, and working closely with law enforcement agencies.

Binance has faced challenges in various jurisdictions, including recent limitations on fiat deposits and spot crypto trading in Singapore, as well as the cessation of crypto futures and options trading in Australia.These pressures have underscored the need for a robust compliance framework to ensure the long-term sustainability of the exchange. Binance hires former IRS-CI special agent to head intelligence divisionBy bringing in an experienced professional like Gambaryan, Binance aims to build trust with regulators and demonstrate its commitment to operating responsibly.

Tigran Gambaryan: From IRS Special Agent to Binance's Intelligence Chief

Tigran Gambaryan brings a wealth of experience to Binance, having served as a Special Agent with the IRS-CI Cyber Crimes Unit for over a decade.His extensive background in investigating complex financial crimes and cyber offenses makes him uniquely qualified to lead Binance's global intelligence and investigations division. Binance hires former IRS-CI special agent to head intelligence division cointelegraph.com, UTC Cryptocurrency exchange Binance has hired a former United States Internal Revenue Service agent to head its new intelligence division, a strong indication that the company is looking to bolster its compliance resources.Notably, Gambaryan was involved in the groundbreaking Silk Road investigation, which led to the closure of the notorious online marketplace and the seizure of over $1 billion in Bitcoin.

His expertise in identifying and prosecuting individuals and organizations involved in illicit activities will be invaluable to Binance's efforts to combat money laundering, fraud, and other criminal activities on its platform. Tigran Gambaryan joins Binance as vice president of global intelligence and investigations, the company announced Thursday. Binance is Gambaryan s first private-sector employer since he joined the IRS as a special agent in September 2025.Gambaryan's experience also includes developing and implementing strategies to prevent and detect financial crimes, which will contribute to enhancing Binance's overall security posture.

Key Skills and Expertise Gambaryan Brings to Binance:

• Expertise in investigating complex financial crimes and cyber offenses
• Deep understanding of AML and KYC regulations
• Experience in working with law enforcement agencies
• Proven track record of success in combating illicit activities
• Strategic thinking and problem-solving abilities

It's important to note that Gambaryan's decision to join Binance represents his first foray into the private sector, having dedicated his career to public service. Cryptocurrency exchange Binance has hired a former United States Internal Revenue Service agent to head its new intelligence division, a strong indicaThis shift underscores the growing importance of compliance and security within the cryptocurrency industry, attracting top talent from government agencies.

Matthew Price: Another IRS-CI Veteran Joins Binance

Adding to its arsenal of expertise, Binance also announced the appointment of Matthew Price, another former Special Agent from the IRS-CI Cyber Crimes Unit in Washington, D.C. More recently, Binance moved to block fiat deposits and spot crypto trading services in Singapore amid regulatory pressures. The exchange also ceased crypto futures and options in Australia. Source: Cointelegraph.com. The post Binance hires former IRS-CI special agent to head intelligence division appeared first on Crypto Breaking News.The addition of Price alongside Gambaryan further solidifies Binance's dedication to compliance and security by adding multiple layers of expertise to their investigations team.

With both Gambaryan and Price having worked together at the IRS-CI, their established working relationship and shared experience will allow them to seamlessly integrate into the Binance team and contribute to the immediate strengthening of the intelligence division.This coordinated approach will likely lead to more effective investigations and a stronger overall compliance framework.

Bolstering Binance's Intelligence and Investigations Division

The creation of a dedicated intelligence division is a critical step for Binance in its efforts to combat financial crime and ensure the safety of its users. BTCUSD Bitcoin Binance hires former IRS-CI special agent to head intelligence division Regulatory scrutiny from around the world has forced the cryptocurrency exchange to up its compliance and auditing measures.This division will be responsible for:

• Monitoring the Binance platform for suspicious activity
• Investigating potential cases of fraud, money laundering, and other illicit activities
• Working with law enforcement agencies to prosecute criminals
• Developing and implementing strategies to prevent financial crime
• Conducting risk assessments to identify vulnerabilities and improve security measures

By establishing a dedicated intelligence division, Binance is sending a clear message that it takes financial crime seriously and is committed to working with authorities to protect its users and the broader cryptocurrency ecosystem.

Impact on the Cryptocurrency Industry

Binance's decision to hire former IRS-CI special agents is likely to have a significant impact on the broader cryptocurrency industry.Other exchanges may follow suit, recognizing the need to bolster their own compliance efforts.This could lead to a more regulated and secure environment for cryptocurrency trading, which could attract more mainstream investors.

Furthermore, the increased focus on compliance could help to improve the reputation of the cryptocurrency industry, which has been plagued by concerns about money laundering and other illicit activities. Cryptocurrency exchange Binance has hired a former United States Internal Revenue Service agent to head its new intelligence division, a strong indication that the company is looking to bolster its compliance resources. Tigran Gambaryan joins Binance as vice president of global intelligence and investigations, the company announced Thursday.By demonstrating a commitment to responsible operations, Binance and other exchanges can help to build trust with regulators, investors, and the public.

Potential Benefits for the Cryptocurrency Industry:

1. Increased regulatory clarity
2. Improved security and reduced risk of fraud
3. Enhanced trust and credibility
4. Attraction of mainstream investors
5. Greater adoption of cryptocurrencies

Addressing Common Concerns and Criticisms

Despite the positive implications, some concerns and criticisms may arise from this move.Some individuals within the cryptocurrency community may view this as a sign of increased government control and a threat to privacy.It is important to address these concerns and emphasize that the goal of compliance is not to stifle innovation or infringe on privacy rights, but to create a safer and more sustainable ecosystem for everyone.

Binance can mitigate these concerns by being transparent about its compliance efforts and by engaging in open dialogue with the community. We are excited to announce the appointment of Tigran Gambaryan, a former special agent of the Internal Revenue Service Criminal Investigation (IRS-CI) Cyber Crimes Unit in Washington, D.C.It is crucial to explain the importance of AML and KYC regulations in preventing financial crime and protecting users from scams and fraud. In an official press release on Thursday (Septem), Binance announced that Tigran Gambaryan will be the company s new VP of Global Intelligence and Investigations. Gambaryan s hire comes after working 10 years as a Special Agent with the US Internal Revenue Service.By emphasizing the benefits of compliance, Binance can help to build trust and understanding within the cryptocurrency community.

Ultimately, finding a balance between regulatory compliance and individual privacy is essential for the long-term success of the cryptocurrency industry.This requires a collaborative approach involving exchanges, regulators, and the community, working together to develop solutions that protect users and foster innovation.

The Future of Cryptocurrency Regulation

The cryptocurrency industry is rapidly evolving, and regulatory frameworks are struggling to keep pace. Binance hires former IRS-CI special agent to head intelligence division Regulatory scrutiny from around the world has forced the cryptocurrency exchange to up its compliance and auditing measures. Cryptocurrency exchange Binance has hired a former United States Internal Revenue Service agent to head its new intelligence division, a strongAs cryptocurrencies become more mainstream, governments around the world are grappling with how to regulate them effectively.The appointment of Tigran Gambaryan and Matthew Price by Binance reflects the industry's growing awareness of the need for regulatory compliance.

The future of cryptocurrency regulation is likely to involve a combination of licensing requirements, AML and KYC regulations, and consumer protection measures. Regulatory scrutiny from around the world has forced the cryptocurrency exchange to up its compliance and auditing measures.Exchanges will need to invest in robust compliance programs and work closely with regulators to ensure they are operating within the law.This will require a significant investment of resources, but it is essential for the long-term sustainability of the industry.

Furthermore, international cooperation will be crucial to addressing the global nature of cryptocurrencies.Regulators from different countries need to work together to share information and coordinate enforcement efforts. Cryptocurrency exchange Binance has hired a former United States Internal Revenue Service agent to head its new intelligence division, a strong indication that the company is looking to bolster its compliance resources. Tigran Gambaryan joins Binance as vice president of global intelligence and investigations, the company announced ThursdayThis will help to prevent criminals from exploiting regulatory loopholes and using cryptocurrencies to launder money or finance terrorism.

Binance's Ongoing Efforts to Enhance Security

Beyond hiring former IRS agents, Binance has implemented a range of other security measures to protect its users.These include:

• Two-factor authentication (2FA): Requiring users to provide two forms of identification before accessing their accounts.
• Cold storage: Storing the majority of user funds offline in secure vaults.
• Advanced risk management systems: Monitoring transactions for suspicious activity and flagging potentially fraudulent transactions.
• Bug bounty programs: Offering rewards to researchers who identify and report security vulnerabilities.
• Regular security audits: Conducting independent audits to assess the security of its systems and identify areas for improvement.

By continuously investing in security measures, Binance is demonstrating its commitment to protecting its users and maintaining a safe and reliable platform for cryptocurrency trading.

The Importance of KYC and AML Compliance

Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations are essential for preventing financial crime in the cryptocurrency industry.KYC requires exchanges to verify the identity of their users, while AML regulations require them to monitor transactions for suspicious activity and report any potential cases of money laundering.

These regulations are designed to prevent criminals from using cryptocurrencies to launder money, finance terrorism, or engage in other illicit activities. In a bid to adhere to regulatory policies, Binance cryptocurrency exchange has hired a former US Internal Revenue Service agent to lead its new intelligence unit.By complying with KYC and AML regulations, exchanges can help to create a safer and more transparent environment for cryptocurrency trading.

However, implementing KYC and AML regulations can be challenging, as it requires exchanges to collect and verify sensitive personal information from their users.This can raise privacy concerns and create friction for users. Binance recruits a former IRS top agent to lead its new intelligence agency in a bid to improve regulatory compliance. Tigran Gambaryan was involved in the Silk Road investigation that led to the closure of the illegal marketplace and seizure of over $1 billion in BTC.Finding a balance between compliance and user experience is crucial for the success of these regulations.

Conclusion: Binance's Strategic Move Towards Compliance and Security

Binance's decision to hire former IRS-CI special agent Tigran Gambaryan to head its intelligence division is a strategic move that reflects the exchange's commitment to regulatory compliance and enhanced security. Binance hires former IRS-CI special agent to head intelligence division 风险提示：央行等十部委发布《关于进一步防范和处置虚拟货币交易炒作风险的通知》,请读者提高风险意识，理性看待区块链。By bringing in an experienced professional with a proven track record in combating financial crime, Binance is signaling its intention to work closely with regulators and create a safer environment for cryptocurrency trading. Binance, a blockchain ecosystem and cryptocurrency infrastructure provider, announced the appointment of Tigran Gambaryan and Matthew Price, both former Special Agents of the Internal Revenue Service Criminal Investigation (IRS-CI) Cyber Crimes Unit in Washington, D.C.This move is likely to have a positive impact on the broader cryptocurrency industry, encouraging other exchanges to bolster their compliance efforts and improve their security measures. Tigran Gambaryan has been hired as Binance's vice president of global intelligence and investigations.The appointment of Gambaryan, alongside Matthew Price, underscores Binance's proactive stance in navigating the evolving regulatory landscape and building trust with users and regulatory bodies alike. Tigran Gambaryan joins Binance as vice president of global intelligence and investigations, the company announced Thursday. Binance is Gambaryan s first private-sector employer since he joinedAs the cryptocurrency industry matures, compliance and security will become increasingly important for long-term sustainability. BTCUSD Bitcoin Binance hires former IRS-CI special agent to head intelligence division Regulatory scrutiny from around the world has forced the cryptocurrency exchange to up its compliance andBinance's investment in these areas demonstrates its commitment to leading the way and shaping the future of the digital asset ecosystem.The key takeaway is that Binance is taking compliance seriously, and this should ultimately benefit both the company and the wider crypto community.This should also serve as a call to action for other players in the industry to prioritize regulatory adherence and prioritize security measures to foster a more trusted and sustainable crypto environment.