coinbase general counsel

Law.com Compass delivers you the full scope of information, from the rankings of the Am Law 200 and NLJ 500 to intricate details and comparisons of firms financials, staffing, clients, news and events. Fenwick has served as primary outside counsel to Coinbase for many years, representing the company in more than 15 transactions, including its Nasdaq direct listing, strategic acquisitions of Bison Trails, Earn.com, Tagomi and skew, its $100 million Series D and $300 million Series E financings and more than 70 investments by Coinbase Ventures. Copyright 2023 ALM Global, LLC. Not a Bloomberg Law Subscriber?Subscribe Now. That same month Coinbase hired former E*Trade Financial Corp. associate general counsel Kirill Kan as a senior counsel and picked up a senior director of legal in Leah Bressack, who worked with Grewal at Facebook, where she was an associate general counsel and strategic counselor to the general counsel. Honoring outstanding legal achievements focused at the national level, largely around Big Law and in-house departments. Beijing-based OKCoin legal counsel Phoebe Gan and Megan Monroe-Coleman, a former senior director of compliance at Coinbase who OKCoin hired more Fenwick, in a practice common among its Silicon Valley brethren, noted in the same filings that individuals and entities associated with the firm beneficially own an aggregate of less than 0.01% of Coinbases capital stock, which will convert to Class B common stock when the company eventually goes public. The company also this week announced its addition of a new non-lawyer head of capital markets in Brett Redfearn. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. Company co-founder and CEO Brian Armstrong could reap a $3 billion windfall from the listing. Tech startup Nillion has scooped up a former in-house legal leader for Coinbase to serve as the companysfirst-evergeneral counsel. Growing Mineola firm with national practice seeks associate (with 3-6 years experience) to handle complex general liability matters.Competit CASH KRUGLER & FREDERICKS LLC is Celebrating Our 20th Anniversary & Newest Partners! Brooks, a proponent of transforming the future of financial services, stepped down from the federal banking regulator last month after making a last-minute rule change that unnerved Wall Street. As part of its going-public process, Coinbase disclosed some potential legal liabilities it faces from state and federal probes of its operations. Coinbases Legal Hiring Spree Continues Despite Defections Buying Legal Council Taps New Leadership as Founder Steps Back, In First-of-Kind Case, DOJ Alleges Chairman Filed Trading Plans to Pull Off Vast Insider Trading Scheme, After Trial by Fire, Robinhood Legal Chief Knows Keys to Getting Along With SEC, Continuing Health Care Privacy Crackdown, FTC Fines BetterHelp $7.8 Million, Law.com Editors and Analysts Offer Top Trends to Watch for 2023. Beijing-based OKCoin legal counsel Phoebe Gan and Megan Monroe-Coleman, a former senior director of compliance at Coinbase who OKCoin hired more than a year ago to serve as its global chief compliance officer, also did not respond to messages seeking comment. LexisNexis and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information. General Counsel and In House Counsel Phillip Bantz In the nine months that Paul Grewal has held the title of chief legal officer at Coinbase Global Inc., the legal To view this content, please continue to their sites. Site Map, Advertise| Rooney, a former Davis Polk & Wardwell associate, has spent the past decade at Morgan Stanley, where he was most recently a managing director and head of global financial crimes infrastructure compliance in New York. Union Square Ventures Adds First GC Amid Coinbase Haul (Correct) Chintan Amin, NASABA, Former NASABA President Paul Grewal Appointed Federal Magistrate Judge. For questions call 1-877-256-2472 or contact us at [emailprotected], Shearman and Hogan Lovells Call Off Merger Talks, Early Reports: 2023 Am Law 200 Financials, Beyond Excess Capacity, Pooled Services and Automation Expedite Staff Layoffs, Dozens of Law Firms Grew Their Equity Partner Tier, Even as Profits and Demand Plummeted. Law.com Compass includes access to our exclusive industry reports, combining the unmatched expertise of our analyst team with ALMs deep bench of proprietary information to provide insights that cant be found anywhere else. McGeorge School of Law, A Conversation with Judge Grewal about IP and the Northern District of California. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Coinbase Adding Lawyers, Taps New Compliance Chief Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Latham & Watkins is representing financial advisers on Coinbases direct listing. Former Fenwick associates Douglas Sharp and Lisa Richards were hired by the company over the summer in corporate counsel roles. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team. In the nine months that Paul Grewal has held the title of chief legal officer at Coinbase Global Inc., the legal department has more than doubled in size and the company has gone all-in on remote working while making history as the first major cryptocurrency firm to go public. Prior to joining us, Mr. Grewal served as Vice President & Deputy General Counsel of Meta Platforms, Inc. (formerly known as Facebook, Inc.), a social media company, from June 2016 to Grant Rabenn, who spent the past decade as a federal prosecutor in Sacramento and Fresno, Calif., was hired as an associate general counsel for Treasury Department and Justice Department matters. Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession. Coinbases Direct Listing Is Said to Be Pushed Back to April, Coinbase Agrees to Pay $6.5 Million to Settle CFTC Data Probe, Coinbase Is Said to Be Valued at $90 Billion in Private Auction, Coinbase CEO Could Get More Than $1 Million Per Day After IPO, Wall Street Set to Learn How Tough Bidens Watchdogs Will Be (1), backed by Alphabet Inc. co-founder Larry Page, Crypto exchange adds Ian Rooney as enterprise compliance head, Kitty Hawk general counsel among handful of new legal recruits. USV and fellow venture capital firm Andreessen Horowitz were among those registered to trade stock in the direct listing by Coinbase, whose successful stock market debut created USVs most profitable investment exit, while also disclosing the pay of Coinbases own top in-house lawyer. Sara Randazzo, Wall Street Journal, Facebook Hires Judge Paul S. Grewal for Litigation Role. He was most recently acting director of the U.S. Securities and Exchange Commissions (SEC) Division of Trading and Markets. USVs other investments include Casetext Inc., a legal research startup whose other backers include an unidentified large law firm and startup accelerator Y Combinator Continuity. [3], Grewal was a former president of the South Asian Bar of Northern California and the Northern American South Asian Bar Association. WebAfter working at Fannie Mae, Brooks was Chief Legal Officer of Coinbase from 2018 to 2020. Terms of Service. Learn more about a Bloomberg Law subscription. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? Counsel We're a group of hard-working overachievers who are deeply focused on building the future of finance and Web3 for our users across the globe, whether they're trading, storing, staking Venture capital firm recently had $4.6 billion stake in Coinbase. With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. The Sedona Conference, Hon. Learn more about a Bloomberg Law subscription. Draft and file pleadings and briefs as needed. Prior to that date Coinbases customers were unable tobuy, Cash were, in general, able to engage in Bitcoin Cash Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession. Nicholas Iovino, Judge Grewal Leaves Bench to Join Facebook. How Coinbase's Legal Team Expanded at 'Crypto Speed Chicago-basedKatherine Minarik, who most recently served as general counsel of the Americas for Dyson,will be Coinbasesdeputy general counsel of litigation. Our Team Account subscription service is for legal teams of four or more attorneys. Don't miss the crucial news and insights you need to make informed legal decisions. Join team who receives, tracks, investigates, prepares evidentiary presentations, attempts to settle, and, where necessary, litigates litigation and regulatory matters brought against Coinbase. Grewal noted that Straits experience at the very cutting edge of fintech innovation makes her uniquely qualified to navigate the complex web of regulations to which we not only comply with but are also helping to shape.. All Rights Reserved. Union Square Ventures LLC, which scored big with an investment in newly public cryptocurrency All Rights Reserved. Coinbase to Lose Dozens of Staffers Over Ban on Politicking (1), Crypto Firms Grow Legal Ranks With Dyson, Goldman Recruits (2), Andreessen Horowitz-Backed Crypto Vault Adds New Legal Chief (1), Crypto Firm Circle Hires New Top Lawyer as Regulation Looms (1), Krakens Legal Chief Has No Time to Educate Firms About Crypto, Paul Grewal as its new chief legal officer, roughly 60 employees taking exit packages, Ex-Googler Milana McCullagh tapped as deputy general counsel, Crypto exchange sees some leave due to new work politics ban. As Nillions only in-house Your article was successfully shared with the contacts you provided. LexisNexis and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information. WIPL is the original global forum facilitating women-to-women exchange on leadership and legal issues. The latest batch of legal hires, confirmed by Coinbase spokesman Elliott Suthers, comes a month after the company added a new compliance chief and a half-dozen other lawyers, including associate general counsel Lindsay Danas Cohen and product counsel Alexander Zozos and Kenneth Hwang. Growing Mineola firm with national practice seeks associate (with 3-6 years experience) to handle complex general liability matters.Competit CASH KRUGLER & FREDERICKS LLC is Celebrating Our 20th Anniversary & Newest Partners! License our industry-leading legal content to extend your thought leadership and build your brand. A Corporate Counsel Guide to Successful Contract Lifecycle Management, ADA Demand Letter Playbook: Your Guide to Responding and Reducing Future Risk, Women, Influence & Power in Law (WIPL) 2023, The American Lawyer Industry Awards (TALIA) 2023, Women, Influence & Power in Law UK Awards 2023, WORKERS COMPENSATION ATTORNEY - Hartford, CT, Offering an Opportunity of a Lifetime for Personal Injury Lawyers, What Does Your Business Agreement Really Mean? What Joseph L. Rini Knows, Attorney Rachel Y. Marshall A Pillar of Strength for the Community, SpotDraft Raises $26 Million in Series A Funding for AI-Powered Legal Software. Coinbases rapid growth has not come without controversy. With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. Facebook deputy general counsel Paul Grewal is joining Coinbase. The new recruits by Coinbase, which has reportedly held talks with law firms and investment banks about going public, come even as a controversial new mandate banning political activism at work has resulted in roughly 60 employees taking exit packages offered by the company. Armstrong Teasdale corporate services partner Thor Mathison in St. Louis also came aboard as an associate general counsel. Site Map, Advertise| Your article was successfully shared with the contacts you provided. Previously, Grewal was vice president and deputy general counsel at Facebook, and is also a former U.S. magistrate judge for the United States District Court for the Northern District of California. WIPL is the original global forum facilitating women-to-women exchange on leadership and legal issues. Strait herself is not a lawyer, but her hire by Coinbase was touted by Paul Grewal, a former deputy general counsel at Facebook Inc. who joined the San Francisco-based company last summer as its chief legal officer. Coinbase, which tapped Fenwick & West to advise on the direct listing that took the company public in April, has recently recruited lawyers from the Biden-Harris transition team, bank holding company Capital One Financial Corp., digital asset trading platform OKCoin USA Inc., and retail giant Walmart Inc. Arya Sadeghi, a principal corporate counsel at data analytics company CoreLogic Inc. in Irvine, Calif., was hired as senior counsel. Eric Weingarten, a senior director and associate general counsel for product at Coinbase, left the company in January to become general counsel at San Francisco As is usually the case, the demand is directed at the largest crypto exchange in the United States, Coinbase. [8] Grewal was also appointed by Chief Justice John Roberts to the Federal Judicial Centers Magistrate Judge Education Committee and served as a co-chair of the Federal Circuit Bar Associations Judges Committee. Several former Coinbase lawyers are now in regulatory positions. Predictive reporting, trend analysis, peer guidance and a practical playbook to help genetal counsels succeed in their increasingly high stakes roles as risk managers and corporate strategists. Lee, a former federal prosecutor who spent part of last year in a cybersecurity counsel role at the Commerce Department before joining the Biden-Harris presidential campaign, joined Coinbase in April as an associate general counsel. Join team who receives, tracks, investigates, prepares evidentiary presentations, attempts to settle, and, where necessary, litigates litigation and regulatory LexisNexis and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. The company disclosed last month that when it does go public it will do so via a direct listing. Life moves pretty fast, as Ferris Bueller famously said, but the rapid pace of life at Coinbase, much like the crypto world in general, is on a different level. To contact the reporter on this story: Brian Baxter in New York at bbaxter@bloomberglaw.com, To contact the editors responsible for this story: Chris Opfer at copfer@bloomberglaw.com; John Crawley at jcrawley@bloomberglaw.com. [16] Grewal defended the layoffs, arguing that it needed to be done to "ensure we stay healthy during this economic downturn. Join Corporate Counsel now! Coinbase acknowledged its latest batch of new recruits but declined to discuss them further. Brian P. Brooks - Wikipedia The Centre Consortium backs USDC, the worlds largest stablecoin and one pegged to the U.S. dollar whose value last summer broke the $1 billion mark. Former legal chief Brian Brooks currently leads the Office of the Comptroller of the Currency, where he is reshaping U.S. banking laws. Djeu, who left Palo Alto, Calif.-based BitGo shortly before it was sold earlier this month to billionaire investor Michael Novogratz in a $1.2 billion cash-and-stock deal, didnt respond to a request for comment about whether she has replaced Ma as OKCoins top lawyer. OCC Permits National Banks to Enter Stablecoin Arena, Cryptocurrency Exchange Coinbase Picks Direct Listing Over IPO, Wall Street Fumes at 11th-Hour Rule From Trump Bank Watchdog (3), Bitcoin Breaks Records, and the Exchanges Where Its Traded, Coinbase Sued Over XRP Commissions After SEC Pursues Ripple, joined the San Francisco-based company last summer, transforming the future of financial services, some lawyers and its former compliance chief depart, Stripes Melissa Strait, half-dozen lawyers join Coinbase, Cryptocurrency exchange has confidentially filed to go public. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. Buying Legal Council Taps New Leadership as Founder Steps Back, Five Actions CLOs Can Take to Drive Successful Change Management in 2023, Inside Track: Determining when to Allow Executive Stock Sales is Getting Trickier, Data Privacy and Website Accessibility: Class Action Trends to Watch in 2023, Law.com Editors and Analysts Offer Top Trends to Watch for 2023. Within the past three months alone, Coinbase has added more than a half-dozen lawyers, according to a Bloomberg Law analysis of LinkedIn profiles, state bar registries, and job listings by the company. Doug Sharp - Director, Associate General Counsel, Coinbase has embraced regulation from day one and will continue to do so as it works to bring the promise of crypto to people around the world., Public records show that Coinbase paid $20,000 to Steptoe & Johnson during the first quarter of this year for the law firm to lobby on various issues regarding the taxation of digital assets., To contact the reporter on this story: Brian Baxter in New York at bbaxter@bloomberglaw.com, To contact the editor responsible for this story: Chris Opfer at copfer@bloomberglaw.comRebekah Mintzer at rmintzer@bloomberglaw.com.