Former US attorney joins Binance as deputy general counsel
Eaton has over 20 years of experience at the Department of Justice and the US army
Binance, the world’s largest cryptocurrency exchange by trading volume, has hired former deputy US attorney of the Northern district of California Joshua Eaton as its first deputy general counsel.
Eaton will lead the Binance legal affairs, supporting global compliance, investigations and law enforcement co-ordination activities.
He brings to Binance more than 20 years experience working for the Department of Justice (DOJ) and US army.
‘Targeting illicit actors who abused the blockchain’
According to Binance’s announcement, Eaton helped make Northern California’s US attorney’s office “the nation’s preeminent investigations and prosecutions team, targeting illicit actors who abused the blockchain and crypto technology”.
He did this by working with the Internal Revenue Service’s Criminal Investigation (IRS-CI).
Towards the end of 2021, Binance hired three former IRS-CI special agents – Tigran Gambaryan, who was been appointed to vice president of global intelligence and investigations, Matthew Price, who was appointed senior director of investigations, and Amjad Qaqish, director of global suspicious activity report reporting.
‘Vital to stop bad actors abusing blockchain’
Eaton said: “During my time at the US attorney’s office, I became interested in blockchain technology and crypto and discovered how important it is to prevent bad actors from abusing this important, legitimate emerging technology for corrupt personal gain.
“I decided to join Binance because of its commitment to this mission as well as its track record in collaboration with law enforcement driven by transparency, integrity and protecting users. I am excited to be a member of this brilliant, passionate, and mission-driven team."
Hon Ng, general counsel at Binance, said: “The legal team at Binance is further strengthened by the dynamism and experience that Josh brings to our continuous efforts to protect users and manage risks. Josh was instrumental in his leadership role while in government, developing its standard-bearing ethics and compliance practices, guiding it through some of the most sensitive and complex issues facing any government organisation, and supporting its growth into one of the preeminent federal prosecutors’ offices in the United States.”