Celo Labs hires former U.S. government official Jai Ramaswamy for compliance

According to CoinDesk, Celo Labs announced that it has hired former US government officials and bank executives Jai Ramaswamy to oversee its global regulatory, risk and compliance matters. Ramaswamy has been the head of the US Department of Justice's asset confiscation and money laundering unit, Head of Corporate Risk Management at Capital One, Managing Director of Bank of America and Global Head of AML Compliance Risk Management.