Buy Crypto
Pay with
Markets
NFT
New
Downloads
English
USD

Former IRS-CI Special Agent Matthew Price joins Binance as Senior Director of Investigations

2021-09-30

Binance keeps growing its Audit and Investigations team with the hire of Matthew Price where he will help to secure and protect Binance and the larger crypto ecosystem from bad actors. His focus will be on leading internal and external investigations with the purpose of detecting and mitigating attempts to commit crimes on the Binance platform as well as proactively supporting investigations conducted by law enforcement agencies. His appointment further strengthens an already strong security team to ensure Binance remains at the forefront of securing crypto for the whole industry and every user.

Before his role at Binance, Matthew served as a Special Agent with the IRS Criminal Investigation Washington D.C. Cyber Crimes Unit, where he led international cyber investigations targeting bad actors who sought to exploit cryptocurrency for illicit purposes. Matthew has 15 years of law enforcement and intelligence experience, including leading cyber, money laundering and financial crimes investigations and working to dismantle counterterrorism and counterintelligence threats. 

In his role at IRS Criminal Investigation,  Matthew served as the lead investigator of Helix, an illicit bitcoin tumbling service operating on the darknet which moved over $311 million in bitcoin, primarily from darknet narcotics transactions. Matthew and his team conducted the first ever investigation and successful prosecution of this type of case-an investigation that blended sophisticated blockchain analysis, traditional criminal investigative techniques, and extensive international cooperation to take down one of the most egregious bad actors in the crypto ecosystem. 

Matthew commented: “As a criminal investigator, I quickly learned that the key to success in crypto investigations is working closely with those within both the private and public sectors.  I plan to leverage the skills I developed as an investigator to stay one step ahead of emerging threats in the crypto space. ”

“My interest in joining Binance stems from my desire to further strengthen government and industry collaboration to ensure crypto continues to grow and flourish throughout the world.  At Binance, our team will focus on identifying and mitigating these emerging threats and collaborating closely with law enforcement and regulatory bodies to ensure the larger crypto ecosystem is a safer place for all. ”