Crypto exchange executive joins the FMA

Trinder, who starts in June, has spent the last 11 months as VP of government affairs and policy Europe, Middle East and North Africa for Binance; the world’s biggest crypto exchange. Apart from Binance he has held senior global roles at Deutsche Bank and Goldman Sachs.

Last year Trinder was one of a number of senior crypto industry figures grilled by the UK treasury committee over Binance’s role in the failure of FTX in November.

Binance had signed a letter of intent for financial due diligence before a possible takeover of the ailing rival exchange but then withdrew the offer. Two days later FTX filed for bankruptcy.

Trinder told UK MPs that Binance founder and chief executive Changpeng Zhao wasn’t responsible for the collapse of FTX and that while Zhao was approached to rescue FTX, she decided to pull out after due diligence showed “something very wrong”.