Former Morgan Stanley Executive Joins Gemini as Chief Compliance Officer

Gemini, a cryptocurrency exchange and custodian, has revealed that Noah Perlman, previous worldwide head of financial crimes and chairman of the political action panel at Morgan Stanley, will join the company as the new chief compliance officer.

Tyler Winklevoss, one of Gemini’s founders, revealed this improvement on September 4. The declaration expresses that Perlman’s appointment goes hand-in-hand with Gemini’s approach to “ask permission, not forgiveness.”

“We chose this path because Compliance is one of Gemini’s four pillars along with Product, Licensing, and Security,” the announcement stated. “We are excited for Noah to continue to build on Gemini’s tradition of compliance.”

The Winklevoss’ operation at Gemini has long underscored compliance. After its proposition for a bitcoin ETF was shot down by the U.S. Securities and Exchange Commission in July last year, it pulled in countless crypto exchanges to join a crusade to persuade the greater financial world of digital currency’s security and potential.

Before his work with Morgan Stanley, Perlman worked for the U.S. Drug Enforcement Agency and functioned as an assistant U.S. lawyer for the Eastern District of New York, concentrated on crimes against kids and drugs.