BitAML is a compliance advisory firm working in the fast-growing and dynamic cryptocurrency financial sector. We offer compliance advisory services and consultation for regulated cryptocurrency companies, including bitcoin ATM operators, exchanges, traders and trading platforms, hedge funds, crypto-cannabis and other innovative solutions providers.
Our tools and services are designed to make it easier for you to understand and implement relevant, up-to-date compliance practices in the cryptocurrency industry. Cryptocurrency has been around for just short of a decade, and as an industry is still very much in its infancy. Thus, it’s occasionally unpredictable, and newcomers to the space need expert guidance navigating compliance landmines at all levels of government.
BitAML’s attention is laser-focused on this unique need, establishing a cryptocurrency knowledge base our clients can turn to in order to clarify compliance needs in the constantly shifting cryptocurrency field.
Prior to BitAML’s launch in 2015, there were few if any dedicated compliance resources available to the cryptocurrency industry. Since our inception, we’ve helped hundreds of cryptocurrency clients strengthen their compliance and evolve their business with ever-changing regulations.
Joe Ciccolo is the founder of BitAML and an experienced financier. Before launching BitAML, Joe spent over a decade in high-impact roles with leading institutions. He was a founding member and architect of a Bank Security Act and Anti-Money Laundering program for a top 100 U.S. online financial institution and also worked as a project manager for a top 20 international bank, where he managed regulatory and AML audit remediation projects. He has additional leadership experience working on projects in risk management, vendor due diligence, fraud prevention, and corporate investigations.
He is also an advisor to the Illinois Blockchain Initiative and also volunteers with the Blockchain Education Network, a non-profit led by students. He is a Certified Anti-Money Laundering Specialist, Certified Fraud Examiner, and an Anti-Money Laundering Certified Associate. He is a graduate of Northeastern University’s College of Criminal Justice.
Joe is a frequent presenter at cryptocurrency, payments, and compliance industry events. He regularly consults with bankers on the onboarding of bitcoin customers, as well as complex cryptocurrency-related investigations involving federal and local law enforcement.
Eli Lewitt is an AML expert who entered the cryptocurrency space with work on several high-profile legal and compliance projects. Before joining BitAML, he worked for peer-to-peer payments technology company Circle, where he was part of the first team to receive a “BitLicense” from the New York Department Of Financial Services. Eli also completed a legal internship with DigitalX, an Australian payment solutions company working with mobile bill payments and remittance.
Beyond his specialized knowledge in initial coin offering (ICO) compliance, Eli is also a skilled business strategist who works to provide clarity and transparency to the cryptocurrency marketplace. He is a graduate of the University Of San Diego’s School Of Law and the University Of Michigan. Eli was admitted to the bar of Illinois in 2017.