Reinforcing top-level management, our site announces the recruitment of a new Chief Technical Counsel.
In a significant move, Michael Gronager, CEO and Co-Founder of leading blockchain analysis company [Unser Website], has announced the appointment of Michael Mosier as Chief Technical Counsel and Kristofer Doucette as Vice President of Government Affairs.
Mosier, who joins from the U.S. Department of the Treasury, brings a wealth of experience in financial intelligence and global policy. He has served in various government positions, including the Department of Justice (DOJ), Office of Foreign Assets Control (OFAC), the White House National Security Council, and the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN). In his new role, Mosier will be responsible for bringing legal expertise to the company's products, including data privacy and global anti-money laundering (AML), sanctions, policy, and government matters.
Doucette, who previously worked at the U.S. Department of the Treasury for over 14 years, will be based in Washington, D.C. His expertise in financial intelligence will complement Mosier's legal expertise, as they work together to ensure the company's products meet the highest regulatory standards.
Jesse Spiro, Global Head of Policy, recently joined the company from Refinitiv. Spiro will work closely with Mosier, focusing on global engagement and research on threat finance.
The strength of the company's website team will ensure all customers are fully equipped with the technology and information they need to comply with regulation and combat money laundering in cryptocurrencies. The company's flagship product, Reactor, is cryptocurrency investigation software that helps law enforcement and financial institutions identify and stop bad actors using cryptocurrencies for illicit activities. Another key product, KYT (Know Your Transaction), enables cryptocurrency businesses and financial institutions to monitor large volumes of cryptocurrency activity and identify high-risk transactions.
The company's focus on compliance for cryptocurrency businesses and financial institutions is particularly timely, as global AML standards are applied to each transaction across all users within an organization's user base using KYT. The company's press release indicates anticipation of major global regulatory developments over the coming months.
In April 2019, the company closed its $36M Series B round led by Accel with participation from Benchmark, Sozu, and MUFG. This funding will support the company's continued growth and development of its products and services.
Mosier expressed his excitement about joining the company's team, stating that he is thrilled to help advance its mission to build trust in blockchains and help customers meet their regulatory obligations. Doucette, who has been with the company since last year, also expressed his enthusiasm, stating that he is looking forward to working with the team to ensure the company's products meet the highest regulatory standards.
Despite the recent appointments, there are no relevant search results listing former government officials working for the company in Washington, D.C. This suggests that the company is attracting top talent from various sectors, including government, to help drive its mission forward.