The U.S. unit of crypto exchange Binance has hired ex-FBI agent BJ Kang as its first head of investigations, the Wall Street Journal reported Thursday.
Binance.US has been increasing its regulatory staff, with headcount in up 145% in that department so far this year and more than 20% of the company’s staff now working in legal, compliance and risk operations, according to the story.
Kang previously led insider-trading probes into New York Mets owner Steve Cohen and former hedge fund manager Raj Rajaratnam among others, and he recently retired from the FBI.
