SAN FRANCISCO--(BUSINESS WIRE)--TRM Labs, the industry leader in crypto compliance and risk management solutions, announced today that Sujit Raman, former Associate Deputy Attorney General at the United States Department of Justice (DOJ) and chair of the task force that authored the 2020 DOJ Cryptocurrency Enforcement Framework has joined TRM as General Counsel, bringing his 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 myriad high-stakes issues including government investigations, cyber/data protection, and multibillion dollar transactional matters, Mr. Raman previously spent nearly a dozen years as a federal prosecutor, culminating in his service as Associate Deputy Attorney General. In that role, he personally advised the U.S. Attorney General and Deputy Attorney General in their oversight of the nation’s cyber-related criminal and national security investigations and prosecutions. Mr. Raman also led DOJ’s 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.
Extensively experienced in international affairs, Mr. Raman was a lead U.S. representative in high-profile data-sharing negotiations with the United Kingdom, Australia, and the European Union, and co-led the United States’ delegation to the G6 Interior Ministers’ conference in Munich in 2019. From 2018–2020, he chaired the Attorney General’s Cyber-Digital Task Force, leading formulation of DOJ’s policy and operational response to transnational cybercrime, nation-state-sponsored malign cyber activity, and online foreign influence operations. Mr. Raman also represented DOJ on cyber matters before the National Security Council at the White House, and testified before the U.S. Senate on the nation’s cyber priorities.
Prior to his leadership role at DOJ headquarters, Mr. Raman served for over eight years as an Assistant United States Attorney in Maryland, where he led numerous complex white collar fraud and public corruption investigations, and tried six cases to jury verdict. He also served as the office’s chief of appeals, supervising the appellate work of over 80 federal prosecutors across the spectrum of federal criminal law, arguing over 20 cases in the federal court of appeals, and personally litigating matters of first impression in areas as diverse as export control and economic sanctions compliance; the RICO statute; the border search doctrine and the third-party doctrine as they apply to electronic evidence; and other leading 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 Executive Office of United States Attorneys “Director’s Award” (2017), the National Asian Pacific American Bar Association “Best Lawyers Under 40” Award (2015), the National South Asian Bar Association “Cornerstone Award” (2015), and the U.S. Secret Service “Director’s Award” (2013).
“Today is a pivotal time in the shaping of a new internet economy,” said Mr. Raman. “In both government and the private sector, I have been grateful to work on incredible teams that span the globe. I am deeply honored to join TRM in advancing its mission of stopping bad actors, protecting our institutions, and building a safer financial system for billions of people.”
“Sujit is an outstanding lawyer, a trusted counselor, and a peerless strategist. Most importantly, he embodies our values and is dedicated to our mission,” said TRM’s Ari Redbord. “I could not be more proud to have him as TRM’s legal leader.”
“As we continue to innovate, to provide the best support to our clients, and build the best blockchain intelligence tool and team, Sujit’s leadership will be critical to developing our strategy and executing our mission,” said TRM co-founder and CEO Esteban Castano. “I am extremely excited for Sujit to join our executive team at this extraordinary moment for TRM.”
About TRM
TRM provides blockchain intelligence 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 cryptocurrency anti-money laundering (AML), transaction monitoring and wallet screening, entity risk scoring including Know-Your-VASP, and transaction tracing for investigations. These tools enable a rapidly growing cohort of organizations around the world to safely embrace cryptocurrency-related transactions, products, and partnerships. TRM is based in San Francisco, CA and is hiring across engineering, product, sales, and data science. To learn more, visit www.trmlabs.com.
