Binance Hires Former IRS Special Agent to Head Suspicious Activity Reporting

The hire is the latest in a series of appointments at Binance as the crypto exchange tightens up on regulatory compliance while tackling fraud and criminal activity.

AccessTimeIconNov 5, 2021 at 11:15 a.m. UTC
Updated May 11, 2023 at 5:51 p.m. UTC
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Binance has hired a veteran financial criminal investigation agent to head up suspicious activity reporting as it continues to strengthen its regulatory compliance front.

  • Amjad Qaqish, a former criminal investigation special agent at the U.S. Internal Revenue Service (IRS), was named Binance’s director of global suspicious activity reporting Friday.
  • During his 30 years with the tax authority, Qaqish worked on cases relating to fraud, tax evasion, money laundering and terrorism financing, including those involving crypto.
  • His role will involve monitoring suspicious activity to prevent “bad actors misusing the cryptocurrency markets,” Binance said.
  • The hire is the latest of a series of appointments as the largest crypto exchange tightens up on regulatory compliance while tackling fraud and other criminal activity.
  • Last month, Binance hired Mark McGinness, the former head of international relations at the Dubai Financial Services Authority, as its first chief regulatory liaison officer.


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Jamie Crawley

Jamie Crawley is a CoinDesk news reporter based in London.

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