US Government’s Anti-Crypto Lawyer Resigns to Join White & Case
One of the U.S. government’s most combative anti-crypto lawyers, Ladan Stewart, has resigned from her position in the Securities and Exchange Commission (SEC) to join the international law firm White & Case. Stewart was a leader in the SEC’s Crypto Assets and Cyber Unit and will now contribute to building White & Case’s crypto and cyber defense practice.
Stewart believes that cryptocurrencies are here to stay, especially with the launch of Bitcoin exchange-traded funds. She emphasizes that legal questions surrounding crypto will continue to be at the forefront due to their complexity and the turbulent enforcement arena.
Stewart’s resignation from the SEC’s lawsuit against Coinbase, which accused the exchange of illegally listing crypto tokens as securities, further confirms her move to White & Case.
Stewart Joins White & Case: A Boost for Crypto and Cyber Defense Practice
Ladan Stewart, a prominent figure in the U.S. government’s efforts against cryptocurrencies, has left her role at the Securities and Exchange Commission (SEC) to join international law firm White & Case. Her expertise in crypto enforcement and litigation will strengthen White & Case’s capabilities in the crypto and cyber defense practice. With cryptocurrencies gaining more prominence, Stewart believes that legal questions surrounding them will remain significant for a long time.
Stewart played a key role in spearheading charges against Coinbase, accusing the exchange of illegally listing securities without proper registration. However, she withdrew from the case shortly before experts expressed optimism about Coinbase’s chances of dismissing the SEC’s allegations.
White & Case has represented major companies like Microsoft and Abbvie Inc., and previously advised Fidelity on legal matters regarding its Bitcoin spot ETF.
Hot Take: Cryptocurrencies Are Here to Stay
With Ladan Stewart’s departure from her position as an anti-crypto lawyer in the SEC to join White & Case, it becomes clear that cryptocurrencies are becoming an increasingly important part of the legal landscape. Stewart’s move signifies the growing significance of crypto and cyber defense practices in law firms.
As a crypto enthusiast, you can expect legal questions surrounding cryptocurrencies to continue being at the forefront due to their complexity and the ever-changing enforcement environment. The rise of Bitcoin exchange-traded funds further solidifies the presence of cryptocurrencies in the financial world. With experts optimistic about Coinbase’s chances of dismissing allegations, it remains to be seen how regulatory landscapes will adapt to this evolving industry.
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