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Crypto.com Lures Ex-DOJ and Treasury Official to Lead Crime Compliance
Crypto.com has selected Duncan DeVille, a former U.S. government official focused on financial crimes, to lead its compliance efforts.
Duncan DeVille. Image courtesy of Crypto.com
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3 minute read

Crypto.com has selected Duncan DeVille, a former U.S. government official focused on financial crimes, to lead its compliance efforts.

DeVille’s official title at the cryptocurrency exchange will be EVP of Compliance Americas and Global Head of Financial Crimes Compliance (FCC). This means he will be the company’s point man for all global anti-money laundering, sanctions, counter-financing of terrorism, consumer protection and anti-corruption efforts. In the U.S., he will work to ensure the company’s operations stay within their legal boundaries and cooperate with regulators to provide all necessary disclosures.

DeVille will be able to fall back on decades of experience on both sides of the table as a compliance executive and a former government official to execute his responsibilities.

Before accepting his new role, DeVille was Global Head of FCC for Western Union, where he built a 2,000-person FCC program and led the company through two court-ordered monitorships. He also previously led the commercial FCC practice at Booz Allen Hamilton.

During DeVille’s career in the public sector, he headed the U.S. Department of Treasury’s Office of Compliance and Enforcement at the Financial Crimes Enforcement Network. He also advised the U.S. Treasury Department’s Office of International Affairs on FCC matters, worked as the Rule of Law Director with the Department of Defense in Baghdad during the Iraq War and spent time as a prosecutor for the Department of Justice.

“Duncan is a proven leader and expert in compliance and financial crimes prevention and we are thrilled to welcome him to the team,” Crypto.com’s Chief Compliance Officer Antonio Alvarez said in the company’s announcement. “Our commitment to compliance is a key pillar for Crypto.com and Duncan’s appointment further solidifies this commitment.”

DeVille’s new position at the crypto giant comes as cryptocurrencies have gained traction with U.S. consumers and attracted greater scrutiny from lawmakers and regulators.

Last month, the White House announced that President Joe Biden signed an order outlining the first-ever, whole-of-government approach to “addressing the risks and harnessing the potential benefits of digital assets and their underlying technology.” As Crypto.com’s U.S. compliance leader, it will be his to ensure the company’s operations stay within their legal boundaries and adapt to evolving regulations.

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