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April 22nd, 2025

Former Trump and Biden Administration Officials Join 1Money Board

Kenneth A. Blanco and Michael Mosier Named to 1Money Board, Bringing Decades of Unparalleled Expertise from FinCEN, OFAC, DOJ, Citi, and Chainalysis to 1Money

Former Trump and Biden Administration Officials Join 1Money Board

New York, NY – April 22nd, 2025 – 1Money Co. ("1Money" or the "Company"), which is pioneering the world's first Layer 1 protocol purpose-built and optimized for stablecoin payments, today announced the appointments of Kenneth A. Blanco and Michael Mosier to its Board of Directors (the "Board"). Blanco served as Financial Crimes Enforcement Network ("FinCEN") Director during President Trump's first term. Mosier served as the former Acting Director and Deputy Director of FinCEN and Associate Director at the Office of Foreign Assets Control ("OFAC") in the first Trump Administration and into the Biden Administration. The two new independent directors strengthen 1Money's corporate governance and signal the Company's commitment to compliance and regulatory leadership in the stablecoin space.

Brian Shroder, Co-Founder and CEO of 1Money, said, "We are thrilled to have Ken and Mike on the 1Money Board. Throughout their distinguished careers across public and private sectors, Ken and Michael have helped shape the legal, compliance, and regulatory frameworks that have contributed to the growth of digital assets while helping safeguard the U.S. financial system by combating financial crimes and protecting U.S. interests. At 1Money, we believe that licensing and compliance are a core competitive advantage for the company and having Ken and Mike's leadership further underscores 1Money's focus on compliance-first innovation as stablecoins redefine global payments."

Kenneth A. Blanco (Ken) is a distinguished leader in domestic and international financial crime compliance and regulation. He previously served as Chief Compliance Officer of Citibank's Global Financial Crimes Unit, overseeing the firm's Anti-Money Laundering, Sanctions, Global Financial Crimes Investigations and Intelligence, and Anti-Bribery & Corruption programs. Prior to joining Citibank, Ken was the Director of FinCEN, the Chief Regulator and Administrator of the Bank Secrecy Act, and head of the Financial Intelligence Unit (FIU) for the United States, where he led efforts to combat domestic and international financial crimes and regulatory compliance and enforcement. Earlier, Mr. Blanco held a 22-year tenure at the U.S. Department of Justice, serving as a Deputy Assistant Attorney General for more than a decade as well as the Acting Assistant Attorney General for the Criminal Division, overseeing significant financial and international investigations and prosecutions involving white-collar fraud, public corruption, computer crime, kleptocracy, organized crime, and money laundering.

"As the digital assets and payments ecosystems continue to evolve and stablecoins take center stage, 1Money is poised to be at the forefront of innovation in this important and dynamic space," said Mr. Blanco. "I look forward to offering my strategic insights and perspectives to help Brian, Matt, and the 1Money team set the standard for responsible and scalable stablecoin adoption."

Michael Mosier brings decades of experience in financial crime prevention, digital assets and related blockchain analytics, and emerging technology regulation. He is a co-founder of Arktouros PLLC, a law and advisory boutique of former federal prosecutors dedicated to emergent technology. Michael has also served as in-house counsel at technology companies Chainalysis and Espresso Systems. During his tenure in public service, Mr. Mosier served as Acting Director and Deputy Director of FinCEN, as well as Associate Director at OFAC. Before that, he was a Deputy Chief in the Department of Justice's Money Laundering Section, where he created and led the Special Financial Investigations Unit. Mr. Mosier also served on the White House National Security Council as Director for Transnational Organized Crime.

"1Money is redefining the future of digital payments by seamlessly integrating cutting-edge innovation with the highest standards of regulation and security. I was drawn to the Company's vision of being the first mainstream protocol to natively integrate risk management directly into the 1Money Network to optimize both trust and throughput," said Mr. Mosier. "I am excited to contribute to 1Money's mission and help guide its continued growth as a trusted leader in the stablecoin ecosystem, where integrity, transparency, and efficiency are more important than ever before."

The announcement of Messrs. Blanco and Mosier to the 1Money Board follow the Company's recent emergence from stealth with more than $20 million in funding and the unveiling of a world-class leadership team poised to advance its mission to create the world's fastest, cheapest, and most compliant stablecoin payments network.

About 1Money
1Money Co. is building the world's first Layer 1 payments network exclusively for stablecoins, designed to deliver the fastest, cheapest, and most secure transactions globally. Backed by leading investors and built on cutting-edge technology, 1Money aims to revolutionize global finance by providing a superior stablecoin payment experience for users worldwide. Purpose-built for stablecoin payments, the 1Money Network ensures instant confirmations, industry-low fixed fees, world-class security, and native compliance features. Supporting multiple stablecoins across various fiat currencies, the platform eliminates the need for speculative assets or complex "tokenomics," with network fees paid directly in the stablecoin being transacted. By simplifying the Web3 experience through its revolutionary technology, 1Money aims to accelerate the mainstream adoption of stablecoins as a foundation for the future of global finance.

To learn more about 1Money and join the waitlist, please visit https://1moneynetwork.com.

Disclaimer for 1Money.com Blog: This communication is for informational purposes only and intended solely for permitted recipients. It does not constitute an offer to sell or a solicitation to buy any digital asset, nor an invitation to engage in any onboarding or promotional activity. This communication is not directed to, and must not be distributed to or relied upon by, any person or entity (i) resident, domiciled, located, or organized in jurisdictions where such communications may be restricted, e.g., the United Kingdom, Singapore, Mainland China, Hong Kong, Canada, or any EU Member State where such marketing is restricted, etc., or (ii) in any jurisdiction where distribution, publication, availability, or direct marketing of digital assets is prohibited or restricted, or would require registration, licensing, or regulatory approvals. Persons in any such restricted jurisdiction should not engage with, respond to, or rely on this communication. By accessing this communication, you represent and warrant that you are not in a restricted jurisdiction and may lawfully receive this information.

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© 2025 1Money USA, Inc. All rights reserved.

1Money USA, Inc. (NMLS ID # 2628653) is a FinCEN-registered Money Services Business that offers its regulated products and services across the United States through its various money transmitter licenses or their jurisdictional equivalents, where applicable. For more licensing information, including regarding support and/or filing complaints, see our Licenses here. You may also consult www.nmlsconsumeraccess.org for additional information.1Money Bermuda Ltd. is a digital asset business licensed by the Bermuda Monetary Authority to operate as a digital asset exchange and services vendor, provide custodial wallet services, operate as a payments service provider, and issue, sell, and redeem digital assets.Neither 1Money USA, Inc. nor 1Money Bermuda Ltd. are licensed or chartered as depository institutions or directly offer or provide banking services. Digital assets are not bank deposits or other deposit accounts. Digital assets, including stablecoins, available through or from either of 1Money USA, Inc. or 1Money Bermuda Ltd., are not insured by the FDIC, SIPC, or any other public or private insurer, including against cyber theft or theft by other means. Neither 1Money USA, Inc. nor 1Money Bermuda Ltd. intend for any digital assets offered to its customers to constitute a securities offering or an investment in a securities offering.Stablecoins, including payment stablecoins are not legal tender, and are not be backed by the full faith and credit of the United States, guaranteed by the United States Government, subject to deposit insurance by the Federal Deposit Insurance Corporation, or subject to share insurance by the National Credit Union Administration.When you buy, sell, or convert digital assets on our platform, we will disclose the fees you will be charged for that transaction. See our fee schedule for more information.Virtual currencies and digital assets of all types, including stablecoins, are subject to a number of risks. Engaging in any activity regarding virtual currencies or digital assets may result in losses. Certain platforms that offer virtual currencies and digital assets may not be regulated and may not implement or maintain appropriate customer protections available with regulated platforms, products, and services. Accordingly, the level of risks may be too high for some based on their unique circumstances. Virtual currencies and digital assets, including stablecoins, may not be deemed not legal tender. While a person currently may be able to acquire and hold virtual currencies and digital assets, including stablecoins, there is a risk that, in the future, it may not be possible to transfer, trade, use, or redeem virtual currencies and digital assets, including stablecoins. The past performance of a virtual currency or digital asset is not a benchmark for future performance, nor is it a reliable indicator of future results or performance. Neither 1Money USA, Inc. nor 1Money Bermuda Ltd. makes any recommendations regarding buying or selling digital assets. Consider seeking advice from your professional, financial, or tax advisor.WARNING: LOSSES DUE TO FRAUDULENT OR ACCIDENTAL TRANSACTIONS MAY NOT BE RECOVERABLE AND TRANSACTIONS IN VIRTUAL CURRENCY ARE IRREVERSIBLE.Additional disclosures can be found on the Legal and Privacy page.