Shirzad, who started his career as an associate at Robins Kaplan and Skadden, Arps, Slate, Meagher & Flom in Washington, didnt respond to a request for comment about his decision to leave Goldman for Coinbase. 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. Lennon didnt respond to a request for comment about the circumstances surrounding her exit. WebDirector, AGC Corporate at Coinbase San Francisco, California, United States. As is usually the case, the demand is directed at the largest crypto exchange in the United States, Coinbase. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. a consortium founded five years ago by crypto heavyweights Coinbase and Circle Internet to set standards for blockchain-based financial services, has hired Rebecca Cohen as general counsel. Terms of Service. Coinbase landed Valerie-Leila Jaber, a former managing director for financial crime compliance at Credit Suisse AG, in June as global head of anti-money laundering. Centre. 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. Coinbase had already recruited several legal staffers prior to the end of Brooks tenure as legal chief nearly a year ago. San Francisco-basedMilana McCullagh, most recently the senior director of legal at Google, was named deputy general counsel of product and commercial. 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! In his new role, Sabella will lead the cryptocurrency exchanges capital markets legal work. All Rights Reserved. Several former Coinbase lawyers are now in regulatory positions. Coinbases new hires mark the latest batch of legal recruits by the newly public company, which was founded in San Francisco but as part of its decentralized corporate structure now has no official headquarters. Latham & Watkins is representing financial advisers on Coinbases direct listing. Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? Union Square Ventures LLC, which scored big with an investment in newly public cryptocurrency Hwang, another ex-Davis Polk associate, spent the past eight years at Google LLC, most recently as senior counsel in San Francisco. Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. The hashtag relistXRP is trending again on Twitter. Former Fenwick associates Douglas Sharp and Lisa Richards were hired by the company over the summer in corporate counsel roles. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. 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! Buying Legal Council Taps New Leadership as Founder Steps Back, After Trial by Fire, Robinhood Legal Chief Knows Keys to Getting Along With SEC, Five Actions CLOs Can Take to Drive Successful Change Management in 2023, Inside Track: Determining when to Allow Executive Stock Sales is Getting Trickier, Law.com Editors and Analysts Offer Top Trends to Watch for 2023. 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. Janice Payne, head of supervisory affairs at CLS Group Holdings AG, a financial institution that serves the foreign exchange market, was hired by Coinbase in August as director of regulatory compliance. 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. Coinbase is leading the expansion of digital currency into the financial mainstream. Our Team Account subscription service is for legal teams of four or more attorneys. License our industry-leading legal content to extend your thought leadership and build your brand. Remote work options are also available. Christian Sabella has fifteen years of experience in the fintech industry. Grewal, a Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. I currently manage a team of US regulatory lawyers and licensing specialists with responsibility for regulatory strategy The London-based Brown joined Coinbase after serving as senior legal counsel for Sloan Robinson LLP, a dissolving hedge fund, while Yang and King were associates at Davis Polk & Wardwell in New York. Honoring outstanding legal achievements focused at the national level, largely around Big Law and in-house departments. The Sedona Conference, Hon. Learn more about a Bloomberg Law subscription. All four lawyers join Shirzad, a global co-head of government affairs at The Goldman Sachs Group Inc. hired by Coinbase to be its top in-house lobbyist. WebCarly Nuzbach Lowery, who is based in London, most recently was associate general counsel at cryptocurrency exchange Coinbase. April 1, 2021 General Counsel Coinbase Global Inc., the largest U.S. cryptocurrency exchange that expects to go public in April, has brought on veteran Morgan Stanley lawyer Ian Rooney as its new head of enterprise compliance, reports Brian Baxter in Bloomberg Laws Business & Practice. Customer Service| Both options are priced the same. Learn more about a Bloomberg Law subscription. Woods joins Coinbase after four years in-house at Capital One in McLean, Va., where she spent nearly the past three years as a senior director, associate general counsel, and head of IP. Sonia Siddiqui, a lawyer and manager of privacy and cybersecurity at accounting firm Grant Thornton LLP, joined that month as privacy lead. Honoring outstanding legal achievements focused at the national level, largely around Big Law and in-house departments. By Joshua Briones, Crystal Lopez, Sofia Nuo, 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. Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! [3] In private practice, Grewal was also a registered patent attorney admitted to practice before the United States Patent and Trademark Office, and he performed re-examinations for his clients, which included independent inventors and companies in the high-technology, biotechnology, medical device, and financial firm/service spaces. About Us| WebCoinbase. 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 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! He also previously clerked for U.S. Supreme Court Associate Justice Neil Gorsuch when Gorsuch was a judge on the U.S. Court of Appeals for the Tenth Circuit. Continuing to recruit legal talent from big-name companies,San Francisco-based digital currency exchange Coinbasehas brought on two new senior-level in-house attorneys, pulling from the legal departments of Google and Dyson. About Us| Learn more about a Bloomberg Law subscription. Established in 2012, Coinbase was the first major cryptocurrency company to go public and had an $85 billion opening day valuation when it debuted on Nasdaq. To view this content, please continue to their sites. [4], Grewal is the former president of the National South Asian Bar Association. Prior to joining the SEC, Sabella served as an associate with Shearman & Sterling. Grewal wrote in a Feb. 17 blog post that Strait will be responsible for Coinbases global compliance programs, including anti-money laundering initiatives and managing the companys relationships with global law enforcement agencies. Coinbase associate general counsel for regulatory Hailey Lennon also left the company in October to join the law firm Anderson Kill as a partner specializing in 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. Office of Chief Counsel Internal Revenue Service Memorandum Number: 202114020 Release Date: 4/9/2021 For example, the cryptocurrency exchange, Coinbase, began supporting Bitcoin Cash on December 19, 2017. Coinbase has expanded its legal department rapidly since becoming a publicly traded company in April 2021. is the international magazine, in English, that covers legal and inhouse affairs in the United States, through experiences beyond Italys borders to reach overseas destinations and all over the world. 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 view this content, please continue to their sites. Cryptocurrency exchange Coinbase Inc. raided Facebook Inc. for one of its top in-house lawyers, hiring Paul Grewal to serve as its new chief legal officer. Prior to attending Yale Law School, Mesele worked in investment banking at Morgan Stanley. WebAfter working at Fannie Mae, Brooks was Chief Legal Officer of Coinbase from 2018 to 2020. Jeff John Roberts, Fortune:Tech, Federal Judge Quits to Join Facebook. 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. The crypto consortium Centre has hired Rebecca Cohen as general counsel. 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. Your article was successfully shared with the contacts you provided. 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. [15] On June 14, 2022, Coinbase announced that it would layoff 18% of its workforce. Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! All Rights Reserved. A branded coffee mug at the Coinbase Inc. office in San Francisco. Beijing-based OKCoin legal counsel Phoebe Gan and Megan Monroe-Coleman, a former senior director of compliance at Coinbase who OKCoin hired more April 1, 2021 General Counsel. 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. Terms of Service. Grewal, McCullagh, and Minarik are part of at least a dozen lawyers added by Coinbase so far in 2020, following another legal hiring binge last year. Both options are priced the same. 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. Our Team Account subscription service is for legal teams of four or more attorneys. Bloomberg News reported last month that Coinbases direct listing saw USVs stake in the San Francisco-based cryptocurrency exchange hit a whopping $4.6 billion as Coinbases stock price climbed as high as $429.54 in the post-listing period. Coinbase and Circle Internet founded Centre in 2018 to set standards for blockchain Finance Magnates recently learned that Christian Sabella, an executive veteran in the fintech industry, has been named by Coinbase, a US-based Cryptocurrency Exchange, as its new Senior Director and Associate General Counsel of the exchanges capital markets division. Christian Sabellahas fifteen years of experience in the fintech industry. Coinbase advertising its initial public offering at the Nasdaq MarketSite in New York on April 14, 2021. Terms of Service. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? As part of its going-public process, Coinbase disclosed some potential legal liabilities it faces from state and federal probes of its operations. Coinbase serves around 56 million verified users, 8,000 institutions and 134,000 ecosystem partners in over 100 countries. Your article was successfully shared with the contacts you provided. Both options are priced the same. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. Coinbase touted McCullaghs previous experience working with product, engineering, and business teams behind disruptive technologies like artificial intelligence, Google Maps, and Google Search. Isabelle Young, a senior litigation counsel at Google LLC, where the former Simpson Thacher & Bartlett and Cleary Gottlieb Steen & Hamilton associate spent a dozen years at the Alphabet affiliate, was hired by Coinbase in February as a director and associate general counsel for litigation. Don't miss the crucial news and insights you need to make informed legal decisions. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. Senior Counsel, Litigation At Coinbase, our mission is to increase economic freedom around the world, and we couldn't do this without hiring the best people. (Corrects throughout spelling of Samson Mesele's last name. Copyright 2023 ALM Global, LLC. Access to the entire ALM network of websites, Unlimited access to the ALM suite of newsletters, Build custom alerts on any search topic of your choosing. Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! We are pursuing many complex investments across our web and mobile, crypto, and climate platforms, Mesele said in a statement about his new general counsel role. Los Angeles. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas. 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.