Binance US hires former DOJ official as head of legal

Binance US has hired Krishna Juvvadi as vice president and head of legal, the crypto exchange operator announced on Thursday.

Juvvadi has joined Binance US from Uber, where he served as global head of operations compliance. He also worked for the US Department of Justice's Civil Rights Division as a trial attorney early in his career.

At Binance US, Juvvadi will lead the day-to-day operations of the company's legal department. He will report to Norman Reed, who joined Binance US in December as general counsel, with prior experiences from the Securities and Exchange Commission, the Federal Reserve Bank of New York, crypto and fintech.

"Krishna is a skilled legal practitioner whose experience shaping and implementing the regulatory strategy of Uber translates extremely well to our similarly nascent, fast-growing business and industry," said Brian Shroder, CEO of Binance US, in a statement. "We recognize the importance of remaining responsive to and complying with the evolving rules and regulations governing the crypto ecosystem, and we continue to attract and invest in top legal and compliance talent to ensure this priority remains at the forefront of our operations."

The head of legal is a newly created position at Binance US, meaning Krishna hasn't replaced anyone, a company spokesperson told The Block.
 
Binance US and Binance have been busy hiring people who have worked for the government sector in their careers. In recent weeks and months, the two companies have made over a dozen such hires, including Juvvadi, Reed, Steven McWhirter and Stephanie Cabossioras.