New CCO Recruited at Gemini
Gemini, the digital currency brokerage owned by the Winklevoss Twins, has appointed a new chief compliance officer. Their new CCO is Noah Perlman, who used to work for the prestigious worldwide firm Morgan Stanley. He will now lead the company into the new world of compliance for cryptocurrency and assist with protocols that stop anti-money laundering. This is slated to be accomplished with a series of new market surveillance systems.
Tyler Winklevoss, the CEO of Gemini, stated: “Gemini’s philosophy of asking for permission, not forgiveness, is a first in the crypto industry. Compliance is one of Gemini’s four pillars, along with Product, Licensing, and Security. Noah has deep compliance expertise, and we are excited for him to continue to build on Gemini’s compliance-first tradition.”
The History of Perlman & Future of Gemini
Noah Perlman held an executive role when he worked with Morgan Stanley, acting as the Global Head of Financial Crimes. He was the boss to more than 350 employees that worked towards ensuring compliance for oversight, execution and governance. This allows for numerous sanctions, anti-corruption and anti-money laundering programs to be created for many brokerages worldwide.
Perlman has a long history before joining the global investment bank, Morgan Stanley. He worked with the United States Drug Enforcement Administration in the New York Division for thirteen years. He was also the assistant to the United States Attorney in New York, and he fought as an exclusive advisor for children that faces unwanted crimes. This led him to become the Deputy Chief of Narcotics in NYC inevitably. Eventually, he retired from policing and moved to a world of digital governing. He had his first interview with Gemini more than three weeks ago and was told that if he wanted, the job was his to take.
The future of Gemini looks bright with such a substantial law figure behind them. It’s estimated that they’ll perform flawlessly in the United States market going forward. Additionally, with the help of Perlman, they plan to enter international markets such as Australia. This would enable a whole new client base and revenue stream for the firm.