{"id":29126,"date":"2022-09-15T20:16:06","date_gmt":"2022-09-15T20:16:06","guid":{"rendered":"http:\/\/egrowonline.com\/?p=29126"},"modified":"2022-09-15T20:16:06","modified_gmt":"2022-09-15T20:16:06","slug":"cryptocurrency-exchange-gemini-names-insider-as-compliance-chief","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=29126","title":{"rendered":"Cryptocurrency Exchange Gemini Names Insider as Compliance Chief"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"wsj-article-wrap\" data-sbid=\"SB12339903640284673478404589136022545222050\" data-immersiveads=\"\" data-modernads=\"\">\n<div class=\"is-lead-inset\">\n<div data-layout=\"header&#010;              \" data-layout-mobile=\"\" class=\"&#010;        media-object&#010;        type-InsetMediaIllustration&#010;          header&#010;  article__inset&#010;        article__inset--type-InsetMediaIllustration&#010;          article__inset--header&#010;    article__inset--lead&#010;  \">\n<figure class=\"&#010;        media-object-image&#010;        enlarge-image&#010;        img-header&#010;        article__inset__image&#010;      \">\n<div style=\"padding-bottom:66.62790697674419%\" data-subtype=\"photo\" class=\"image-container  responsive-media article__inset__image__image\">\n        <img decoding=\"async\" srcset=\"https:\/\/images.wsj.net\/im-624149?width=540&amp;size=1.5 540w, https:\/\/images.wsj.net\/im-624149?width=620&amp;size=1.5 620w, https:\/\/images.wsj.net\/im-624149?width=639&amp;size=1.5 639w, https:\/\/images.wsj.net\/im-624149?width=860&amp;size=1.5 860w, https:\/\/images.wsj.net\/im-624149?width=860&amp;size=1.5&amp;pixel_ratio=1.5 1290w, https:\/\/images.wsj.net\/im-624149?width=860&amp;size=1.5&amp;pixel_ratio=2 1720w, https:\/\/images.wsj.net\/im-624149?width=860&amp;size=1.5&amp;pixel_ratio=3 2580w\" src=\"https:\/\/images.wsj.net\/im-624149?width=860&amp;height=573\" alt=\"\" title=\"\" \/>\n      <\/div><figcaption class=\"wsj-article-caption article__inset__image__caption\">\n<h4 class=\"wsj-article-caption-content\">Gemini Trust Co. named a new chief compliance officer in the latest reshuffling of its risk and compliance team.<\/h4>\n<p>      <span class=\"wsj-article-credit article__inset__image__caption__credit\"><br \/>\n            <span class=\"wsj-article-credit-tag\"><br \/>\n              Photo:<br \/>\n            <\/span><br \/>\n        Rafael Henrique\/Zuma Press<br \/>\n          <\/span><br \/>\n  <\/figcaption><\/figure>\n<\/p><\/div><\/div>\n<div class=\"clearfix byline-wrap\">\n<p>          Sept. 15, 2022 3:54 pm ET<\/p><\/div>\n<div class=\"article-content  \">\n<p>Gemini Trust Co. has promoted an insider to the post of chief compliance officer, the latest change in the cryptocurrency exchange\u2019s risk and compliance team in recent months.<\/p>\n<p>      Christopher Mariadason,<\/p>\n<p>      who joined Gemini as the head of program governance in June of last year, is its new compliance chief, a spokeswoman for Gemini said Thursday.<\/p>\n<div class=\"paywall\">\n<p>Before joining Gemini, Mr. Mariadason worked for more than eight years at<\/p>\n<p>            <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/market-data\/quotes\/MS\" rel=\"noopener\">Morgan Stanley<\/a><span class=\"company-name-type\">,<\/span><\/p>\n<p>      including as a money-laundering prevention officer at Morgan Stanley\u2019s private bank, according to his LinkedIn page, which says he took over as Gemini\u2019s chief compliance officer in August. He has also worked in the financial-crime unit at credit-card company<\/p>\n<p>            <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/market-data\/quotes\/AXP\" rel=\"noopener\">American Express<\/a><span class=\"company-name-type\"> Co.<\/span><\/p>\n<div data-layout=\"wrap&#010;              \" data-layout-mobile=\"inline\" class=\"&#010;        media-object&#010;        type-InsetNewsletterSignup&#010;          wrap&#010;    scope-web|mobileapps&#010;  article__inset&#010;        article__inset--type-InsetNewsletterSignup&#010;          article__inset--wrap&#010;  \">\n<div class=\"webui-newsletter-inset\" id=\"webui_newsletter_inset\">\n<div class=\"\">\n<div id=\"newsletter-card-container-354\" class=\"ArticleInsetNewsletterCard--newsletter-card-container-2GnNXjTI7DexTep6Qis6jQ \">\n<hr class=\"ArticleInsetNewsletterCard--partial-hr-1DeVSSYxozlKjCBa1oFn3c \" \/>\n<h4 class=\"ArticleInsetNewsletterCard--newsletter-signup-title-1lX_qTsd_qyFPWrS_ofBJG \">Newsletter Sign-up<\/h4>\n<\/p>\n<div class=\"ArticleInsetNewsletterCard--card-container-3VXU1TS3nFYBuuf9q3mP8e \">\n<div class=\"ArticleInsetNewsletterCard--card-info-container-37bi2ktbJVdyEsdc-uYjAt \">\n<h5 class=\"ArticleInsetNewsletterCard--label-name-2rbcs8VV-ceE9OxoHClnle \" data-newsletter-id=\"354\"> WSJ | Risk and Compliance Journal <\/h5>\n<div class=\"ArticleInsetNewsletterCard--card-description-1S-H-t1w6h_dYWFOt6BFx8 \">\n<p> Our Morning Risk Report features insights and news on governance, risk and compliance. <\/p>\n<\/div>\n<\/div>\n<\/div>\n<hr class=\"ArticleInsetNewsletterCard--partial-hr-1DeVSSYxozlKjCBa1oFn3c \" \/><\/div>\n<\/div>\n<\/div><\/div>\n<p>His predecessor as Gemini\u2019s compliance chief was<\/p>\n<p>      Elena Hughes,<\/p>\n<p>      who took the post in April 2021, according to her LinkedIn profile. Ms. Hughes didn\u2019t reply to an email seeking comment.<\/p>\n<p>The move by Mr. Mariadason is the latest reshuffling of Gemini\u2019s risk and compliance team. Gemini\u2019s director of business operations and intelligence, who most recently served as its deputy chief compliance officer, as well as its head of risk, <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/crypto-layoffs-hit-risk-and-compliance-staff-at-big-exchanges-11658223000?mod=article_inline\" class=\"icon none\" rel=\"noopener\">have also departed in recent months<\/a>. <\/p>\n<p>Gemini in June <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/crypto-firms-cut-back-on-hiring-during-market-slump-11654833376?mod=article_inline\" class=\"icon none\" rel=\"noopener\">cut 10% of its staff<\/a>, citing the effects of the crypto market downturn. In a June blog post announcing the layoffs, Gemini\u2019s founders, brothers<\/p>\n<p>      Cameron <\/p>\n<p>      and<\/p>\n<p>      Tyler Winklevoss,<\/p>\n<p>      said the job cuts were a response to a \u201ccontraction phase\u201d in the crypto market and a decision to focus only on products that were absolutely critical.<\/p>\n<p>Gemini\u2019s personnel moves come as the crypto industry faces tumbling prices and <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/secs-gensler-supports-commodities-regulator-having-bitcoin-oversight-11662641115?mod=article_inline\" class=\"icon none\" rel=\"noopener\">increasing regulatory scrutiny<\/a>. With interest rates rising and fears about a recession growing, investors have responded by selling more risky assets, <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/the-crypto-party-is-over-11655524807?mod=article_inline\" class=\"icon none\" rel=\"noopener\">such as cryptocurrency<\/a>.<\/p>\n<p><strong>Write to <\/strong>Mengqi Sun at <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/mailto:mengqi.sun@wsj.com\" class=\"icon \" rel=\"noopener\">mengqi.sun@wsj.com<\/a><\/p>\n<div data-layout=\"inline&#010;              \" data-layout-mobile=\"\" class=\"&#010;        media-object&#010;        type-InsetArticlesRelatedByType&#010;          inline&#010;    scope-web|mobileapps&#010;  article__inset&#010;        article__inset--type-InsetArticlesRelatedByType&#010;          article__inset--inline&#010;  \">\n<div class=\"media-object-rich-text\">\n<h4>More from Risk &amp; Compliance Journal<\/h4>\n<\/p><\/div><\/div><\/div>\n<p>Copyright \u00a92022 Dow Jones &amp; Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8<\/p>\n<\/p><\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.wsj.com\/articles\/cryptocurrency-exchange-gemini-names-insider-as-compliance-chief-11663271659\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gemini Trust Co. named a new chief compliance officer in the latest reshuffling of its risk and compliance team. Photo: Rafael Henrique\/Zuma Press Sept. 15, 2022 3:54 pm ET Gemini Trust Co. has promoted an insider to the post of chief compliance officer, the latest change in the cryptocurrency exchange\u2019s risk and compliance team in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":29127,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[36],"tags":[1877,3153,52,53,786,7010,2746],"class_list":["post-29126","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-chief","tag-compliance","tag-cryptocurrency","tag-exchange","tag-gemini","tag-insider","tag-names"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/09\/1663272963_social.jpeg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/29126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29126"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/29126\/revisions"}],"predecessor-version":[{"id":29128,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/29126\/revisions\/29128"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/29127"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29126"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}