Binance General Counsel Confronts Some of Crypto’s Hardest Tests

<-bsp-bb-link state="{"bbHref":"bbg://securities/1624796D%20CH%20Equity","_id":"00000190-46e2-d497-a7fb-eeef936a0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Binance’s General Counsel Eleanor Hughes has a lot to keep her busy, ranging from the giant crypto exchange’s testy dispute with Nigerian officials to strict monitoring by US authorities as part of a landmark <-bsp-bb-link state="{"bbDocId":"S4HQUFDWX2PS","_id":"00000190-46e2-d497-a7fb-eeef936a0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">plea deal.

That plea agreement with the <-bsp-bb-link state="{"bbHref":"bbg://securities/4131761Z%20US%20Equity","_id":"00000190-46e2-d497-a7fb-eeef936d0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Justice Department and US regulators led to a $4.3 billion corporate penalty and the jailing of co-founder <-bsp-person state="{"_id":"00000190-46e2-d497-a7fb-eeef93b80000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Changpeng “CZ” Zhao for failures that let criminals and terror groups use the exchange.

Eleanor Hughes

Source: Binance

Reflecting on the panoply of challenges, Hughes described her role at the world’s biggest digital-asset trading venue as among “the most interesting jobs in the ...