Top SEC Attorney Defects to Pro-Crypto Law Firm, Embracing the Growing Industry
In a surprising turn of events, Ladan Stewart, one of the leading anti-cryptocurrency attorneys at the United States Securities and Exchange Commission (SEC), has left the regulatory agency and joined pro-crypto law firm White & Case. Stewart, who previously played a significant role in multiple anti-crypto actions, including lawsuits against Coinbase and Ripple, has changed her stance and joined White & Case as a partner. She plans to focus on developing a crypto and cyber defense practice at the firm.
“Crypto is here to stay—that’s become very clear with the launch of a slew of Bitcoin ETFs (…) Given the complexity and the turbulent enforcement arena, legal questions surrounding crypto are going to be at the forefront for some time.”
Transition from Anti-Crypto to Pro-Crypto
Stewart was previously involved in the SEC’s anti-crypto campaign, taking legal action against major players in the industry. However, her move to White & Case signifies a shift in her perspective. It raises questions about whether this law firm could challenge Gary Gensler, the SEC chairman and a prominent figure in the crypto market.
Stewart’s decision highlights a growing positive attitude towards digital assets within both mainstream circles and regulatory agencies. This change in stance offers hope for the establishment of a clearer regulatory framework for cryptocurrencies in the US.
By
By
By
By
By