Ex-Binance Compliance Chief Sees Lessons From Crypto Legal Woes

The former chief compliance officer for the US unit of Binance Holdings Ltd. said the cryptocurrency exchange pushed her to focus on vetting new clients rather than other regulatory and compliance responsibilities typical to the job, such as consumer protection and vendor management.

The “danger signs” during her six-month stint at the company were “disheartening,” said Christina Rea, an attorney who left Binance’s US arm in early 2022, a year before the exchange was charged with money laundering.

Now a consultant, Rea said in an interview that she views her time at Binance as a crash course in ...