Binance Appoints Two Senior Compliance Executives from Crypto.com
Binance has made significant strides in bolstering its compliance operations by hiring Antonio Alvarez and Duncan DeVille, both formerly of Crypto.com. This move comes as the exchange continues to face intense regulatory scrutiny following its guilty plea in 2023 over sanctions and anti-money laundering violations.
Alvarez, who previously led compliance at Crypto.com, will serve as deputy to Binance’s Global Chief Compliance Officer Noah Perlman. DeVille has been appointed as the global head of financial crime compliance. These appointments were officially announced on August 25, 2026.
The decision to recruit from Crypto.com, which has established a strong reputation for regulatory compliance, is seen as a direct response to earlier staffing challenges within Binance's compliance teams. The exchange has been under a deferred prosecution agreement since its guilty plea, which requires it to demonstrate meaningful improvements in compliance practices.
Perlman, who joined Binance in 2023 from Gemini, emphasized that these new hires are part of a broader strategy to enhance the company's compliance framework. The ongoing turnover in compliance personnel at Binance, especially during such a critical period, highlights the urgency of these appointments.
FAQ
Who are the new compliance executives appointed by Binance?
Binance has appointed Antonio Alvarez and Duncan DeVille as senior compliance executives, both previously from Crypto.com.
What roles will Antonio Alvarez and Duncan DeVille hold at Binance?
Antonio Alvarez will serve as deputy to Binance’s Global Chief Compliance Officer Noah Perlman, while Duncan DeVille has been appointed as the global head of financial crime compliance.
Why did Binance hire executives from Crypto.com?
Binance hired from Crypto.com to strengthen its compliance operations in response to regulatory scrutiny and earlier staffing challenges within its compliance teams.
What is the significance of these appointments for Binance?
These appointments are part of Binance's strategy to enhance its compliance framework, especially following its guilty plea in 2023 over sanctions and anti-money laundering violations.
When were the new compliance appointments at Binance announced?
The appointments of Antonio Alvarez and Duncan DeVille were officially announced on August 25, 2026.
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