Binance snags former Gemini compliance officer amidst scrutiny over BUSD

Feb. 15, 2023 at 6:50 am

By Mike Dalton

Binance has hired a compliance executive who formerly worked for its competitor Gemini, according to a Feb. 14 WSJ report.

Binance has hired and promoted a compliance executive who formerly worked for its competitor, Gemini, according to a Feb. 14 report from the Wall Street Journal.

The report indicated that Noah Perlman would serve as Binance’s chief compliance officer after joining the company’s compliance team in January.

Perlman previously worked at Gemini between October 2019 and January 2023, apparently leaving the company around the time it faced securities charges over its failed Earn program. Gemini replaced Perlman by promoting Christopher Mariadason to chief compliance officer in August 2022 — suggesting a brief overlap in that position.

Previously, Perlman and Mariadason both worked at the multinational investment firm Morgan Stanley in roles related to financial crime with some overlap in tenure. They worked for Morgan Stanley for more than 13 years and 8 years respectively.

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