In his role as U.S. general counsel to Germany’s Fidor Bank, Edward Stadum conducted an external audit of Kraken, a leading bitcoin exchange. Stadum clearly liked what he saw because he’s now joining the company as its general counsel.

Kraken announced Stadum’s appointment on Wednesday. “It says a lot that Ed wanted to join the team after seeing what was ‘under the hood,’” said Kraken CEO Jesse Powell. “We look forward to leveraging his five decades’ worth of experience as we further develop Kraken.”

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