SAN FRANCISCO–(BUSINESS WIRE)–MRT Laboratoriesthe industry leader in crypto compliance and risk management solutions, today announced that Sujit Raman, former assistant deputy attorney general at the United States Department of Justice (DOJ) and chair of the task force that drafted the 2020 DOJ Cryptocurrency Enforcement Framework has joined TRM as general counsel, bringing its expertise in data privacy, national security, cybercrime prevention and cryptocurrency to the global leader in blockchain intelligence.
Most recently, a partner at the international law firm Sidley Austin LLP, where he advised clients on a myriad of high-stakes issues including government investigations, cyber/data protection and multi-billion dollar transactional cases, Mr. Raman previously spent nearly a dozen years as a federal councillor. attorney, culminating in his service as Associate Deputy Attorney General. In this role, he personally advised the United States Attorney General and Deputy Attorney General in their oversight of criminal and national security investigations and prosecutions related to the nation’s cybersecurity. Mr. Raman also led DOJ policy formulation in a number of critical areas, including cybersecurity, cross-border data transfers and protection, and emerging technologies such as facial recognition and encryption.
With extensive international business experience, Mr. Raman served as a key U.S. representative in high-level data-sharing negotiations with the United Kingdom, Australia, and the European Union. , and co-led the U.S. delegation to the G6 Interior Ministers Conference. in Munich in 2019. From 2018-2020, he chaired the Attorney General’s Cyber Task Force, leading the formulation of policy and the DOJ’s operational response to transnational cybercrime, malicious cyber activity sponsored by nation states and online foreign influence operations. Mr. Raman has also represented the DOJ on cyber issues before the National Security Council at the White House and testified before the US Senate on the nation’s cyber priorities.
Prior to his leadership role at DOJ Headquarters, Mr. Raman served more than eight years as an Assistant United States Attorney in Maryland, where he conducted numerous complex white-collar fraud and corruption investigations. public, and tried six cases until the verdict of the jury. He also served as chief of appeals for the office, overseeing the appellate work of more than 80 federal prosecutors across the spectrum of federal criminal law, arguing more than 20 cases before the federal court of appeals, and personally arguing trial issues. printing in areas as diverse as export control and compliance with economic sanctions; RICO status; the border search doctrine and the third party doctrine as they apply to electronic evidence; and other important issues at the intersection of law, technology and privacy.
Mr. Raman has received numerous professional awards, including the “Attorney General’s Award for Distinguished Service” (2018), the “Director’s Award” from the Executive Office of the United States Attorneys (2017), the “Best Lawyers Under 40” from the National Asian Pacific American Bar Association. Award (2015), the National South Asian Bar Association’s Cornerstone Award (2015) and the US Secret Service’s Director’s Award (2013).
“Today is a pivotal time in the formation of a new internet economy,” Raman said. “In government and in the private sector, I have been grateful to work within incredible teams that span the globe. I am deeply honored to join TRM in advancing its mission to stop bad actors, protect our institutions, and build a safer financial system for billions of people.
“Sujit is an exceptional lawyer, a trusted advisor and an outstanding strategist. Most importantly, he embodies our values and is dedicated to our mission,” said Ari Redbord of TRM. “I couldn’t be more proud to have him as TRM’s legal chief.”
“As we continue to innovate, provide the best support to our customers, and build the best blockchain intelligence tool and team, Sujit’s leadership will be critical in developing our strategy and executing our mission,” said the co-founder and CEO of TRM, Esteban Castano. . “I am extremely pleased to have Sujit join our leadership team at this extraordinary time for TRM.”
TRM provides blockchain insights to help financial institutions, cryptocurrency businesses, and public agencies detect, investigate, and manage crypto-related fraud and financial crime. TRM’s risk management platform includes solutions for Anti-Money Laundering (AML), transaction monitoring and portfolio screening, entity risk scoring, including Know-Your- VASP, and transaction tracking for surveys. These tools enable a rapidly growing cohort of organizations around the world to securely adopt cryptocurrency-related transactions, products, and partnerships. TRM is based in San Francisco, CA, and recruits in engineering, product, sales, and data science. To learn more, visit www.trmlabs.com.