Huobi Trust Hires Ex-Homeland Security Agent as COO

Huobi Technology's U.S. subsidiary hired the veteran with 20 years law enforcement experience to help it meet regulatory requirements.

AccessTimeIconAug 5, 2021 at 3:00 p.m. UTC
Updated Sep 14, 2021 at 1:36 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

Huobi Trust has hired former homeland security agent Robert Whitaker as chief operating officer (COO).

  • The U.S. subsidiary of Hong Kong-based Huobi Technology has hired the veteran with 20 years experience in law enforcement to adapt its products to meet regulatory requirements, the company said in an emailed announcement Thursday.
  • Huobi Trust offers fiat custody services and is the custodian for Huobi's dollar-backed stablecoin, HUSD.
  • Whitaker spent nearly 12 years at Homeland Security, and from 2014 to 2017 was supervisory special agent of the U.S. agency's Illegal Finance and Proceeds of Crime Unit, during which he investigated criminal cases on darknet markets and other activities related to crypto.
  • He most recently worked as COO for crypto transaction investigators Blockchain Intelligence Group.
  • Huobi Trust launched at the end of July having acquired a trust license from the Nevada Financial Institutions Division in December last year to offer custodial and compliance services in the U.S.

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.


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.