Binance Names Europol Veteran to Join Audit and Investigations Team

Nils Andersen-Röed will conduct investigations into individuals looking to use Binance’s platform for illegal purposes.

AccessTimeIconSep 18, 2021 at 12:33 a.m. UTC
Updated May 11, 2023 at 6:01 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Binance has hired Europol investigator Nils Andersen-Röed as its director of audit and investigations, the cryptocurrency exchange announced in a blog post Thursday.

  • Andersen-Röed, who will be part of the larger investigations team, will conduct “internal and external investigations” to identify individuals who are trying to use the Binance platform for illegal purposes, the company said. He will look to protect Binance users’ holdings and assist law enforcement agencies in their investigations.
  • Andersen-Röed spent almost three years on Europol’s Dark Web Team, a multi-agency initiative to reduce dark web crime.
  • “My goal is to make the cryptocurrency industry (and Binance in particular) a safer place,” Andersen-Röed said in the blog post, calling “International collaboration between industry and law enforcement agencies essential.” “Criminals do not care about borders,” he said.
  • The appointment is part of the exchange’s efforts to bolster its regulatory compliance and security amid intensifying scrutiny by regulators. On Friday, Bloomberg reported that Binance is facing insider trading and market manipulation investigations in the U.S., adding to other probes the company is facing worldwide.
  • In August, Binance named former U.S. Treasury enforcement investigator Greg Monahan as its global money laundering reporting officer.
  • What's Stopping Congress From Passing Crypto Regulation?
    00:56
    What's Stopping Congress From Passing Crypto Regulation?
  • Sen. Lummis Addresses Algorithmic Stablecoin Ban in New Bill
    19:02
    Sen. Lummis Addresses Algorithmic Stablecoin Ban in New Bill
  • Why Bitcoin May Fall to $52K
    14:59
    Why Bitcoin May Fall to $52K
  • JPMorgan Expects Bitcoin to Drop After Halving; New Zealand Starts Digital Cash Consultation
    02:15
    JPMorgan Expects Bitcoin to Drop After Halving; New Zealand Starts Digital Cash Consultation
  • Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    James Rubin

    James Rubin was CoinDesk's U.S. news editor based on the West Coast.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.



    Read more about