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. With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. 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. Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? 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.
Doug Sharp - Director, Associate General Counsel, Copyright 2023 ALM Global, LLC. 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. FTC Bags First Settlement in Probe of 'Review Hijacking' in E-Commerce, More Companies Ditching Piecemeal Approach to Managing Mushrooming Third-Party Risks, Here's How Clients Can Push Back on Law Firm Rate Hikes, Semiconductor Pioneer Adds Legal Chief With Deep Deal-Making Experience, Law.com Editors and Analysts Offer Top Trends to Watch for 2023. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. 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. Coinbase currently lists over 20 in-house legal and compliance jobs on its online careers page, including several associate general counsel roles and head of legal and compliance chief positions in Japan. [3], Grewal was a former president of the South Asian Bar of Northern California and the Northern American South Asian Bar Association. Both options are priced the same. Mesele, who has been affiliated with the Leadership Council on Legal Diversity, noted that during his time at Wachtell he specialized in investment transactions and merger deals with complex structures. Amy Luo, senior counsel for global business development and stablecoins, wrote on her LinkedIn profile last month that she had become general counsel for the Centre Consortium, a group backed by Coinbase and cryptocurrency company Circle Internet Financial Ltd., the latter of which hired a new general counsel in September. 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. 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
Senior Director, Associate General Counsel - LinkedIn 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.
Coinbases Legal Hiring Spree Continues Despite Defections Honoring outstanding legal achievements focused at the national level, largely around Big Law and in-house departments. Ive spent my career engaging with policymakers around the world, helping to navigate such complex issues. Samson Mesele, who spent the past half-dozen years as a corporate associate at Wachtell, Lipton, Rosen & Katz, confirmed in an email to Bloomberg Law that he became the New York-based venture capital firms first legal chief last month. Not a Bloomberg Law Subscriber?Subscribe Now. Access to additional free ALM publications, 1 free article* across the ALM subscription network every 30 days, Exclusive discounts on ALM events and publications. [15] On June 14, 2022, Coinbase announced that it would layoff 18% of its workforce. To contact the reporter on this story: Brian Baxter in New York at bbaxter@bloomberglaw.comTo contact the editor responsible for this story: Chris Opfer at copfer@bloomberglaw.comJohn Hughes at jhughes@bloombergindustry.com. Coinbase, now the largest U.S. cryptocurrency exchange, saw its valuation soar past $100 billion following a direct listing in April on the Nasdaq. 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. 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. Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession. 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. Coinbase serves around 56 million verified users, 8,000 institutions and 134,000 ecosystem partners in over 100 countries. 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! Customer Service| Danas Cohen comes to Coinbase after spending the past two years as general counsel for Velocity Markets Inc., a digital asset startup she left in November. 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. Sonia Siddiqui, a lawyer and manager of privacy and cybersecurity at accounting firm Grant Thornton LLP, joined that month as privacy lead. Customer Service| Ina Fried, Recode, U.S. Magistrate Judge Paul Grewal is leaving the bench for Facebook. 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 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.com.
Coinbase Secures Christian Sabella as Its Coinbase Global Inc. has announced its addition of chief compliance officer Melissa Strait, the latest in a series of legal hires by the largest U.S. cryptocurrency exchange. Grewal currently owns roughly $856,000 in Coinbase stock, per Bloomberg Law data. Coinbases rapid growth has not come without controversy. Jeff John Roberts, Fortune:Tech, Federal Judge Quits to Join Facebook. Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! 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? Coinbase currently lists on its website openings for at least 10 legal and compliance positions in Berlin, London, New York, San Francisco, and Tokyo.
Christian Sabella appointed as general counsel The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. [9] Grewal retired from the bench on June 3, 2016. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. Company co-founder and CEO Brian Armstrong could reap a $3 billion windfall from the listing. Cohen has15 years of experience representing traditional financial institutions in cross-border restructuring, financing and litigation matters, as well as experience withemerging growth technology companies. "It's essential that the right-sized controls be put in place to mitigate risk while giving the public full access to the opportunities created by these innovations," said Rebecca Cohen, the newly appointed general counsel of Centre. As is usually the case, the demand is directed at the largest crypto exchange in the United States, Coinbase. Not a Bloomberg Law Subscriber?Subscribe Now. 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. License our industry-leading legal content to extend your thought leadership and build your brand. 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. 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. Like all great innovations, change comes with challenges, he wrote. Contact Us| Work collegially and supportively with other members of Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. 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. Learn more about a Bloomberg Law subscription. Both options are priced the same. You will be
Don't miss the crucial news and insights you need to make informed legal decisions. Coinbase declined to discuss individual departures. Access to additional free ALM publications, 1 free article* across the ALM subscription network every 30 days, Exclusive discounts on ALM events and publications, Tech startup Nillion has scooped up a former in-house legal leader for Coinbase to serve as the companysfirst-ever.
Coinbase Coinbase Cohen most recently was general counsel at Mark43, a public safety platform. The Commerce Application enables users to (i) accept cryptocurrency as a payment method for goods and services; (ii) self custody digital assets; (iii) access reporting and invoicing capabilities; and (iv) additional functionality as Toshi Holdings may add to the App from time to time (collectively the Services ). Abraham, in a message she wrote this month on LinkedIn, said she was excited to be making the switch from flying cars to crypto. She didnt respond to a request for comment about her decision to leave Kitty Hawk, which has promoted her former deputy, Angela Gandhi, to be its head of legal. [1][2][3] Grewal then earned a Juris Doctor from the University of Chicago in 1996. 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. Katherine Minarik and Milana McCullagh will work with Paul Grewal, a former Facebook lawyer who joined Coinbase as chief legal officer in July. Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession.
How Coinbase's Legal Team Expanded at 'Crypto Speed Sara Randazzo, Wall Street Journal, Facebook Hires Judge Paul S. Grewal for Litigation Role. 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. [3] After his clerkship, he joined the law firm of Pillsbury Winthrop Shaw Pittman LLP (then known as Pillsbury, Madison & Sutro LLP), primarily practicing complex commercial litigation. As Nillions only in-house In his new role, Sabella will lead the cryptocurrency exchanges capital markets legal work.
Coinbase Associate General Counsel Salaries in the United States The announcement was made by Coinbasechief legal officer Paul Grewalon the social platform Twitter. 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. Jade Clemons, a former attorney with Fenwicks flexible working arm, joined Coinbase in September as a commercial counsel. Engage and manage outside counsel to effectively and efficiently represent Coinbase. Nicholas Iovino, Judge Grewal Leaves Bench to Join Facebook. WebAverage Coinbase Associate General Counsel yearly pay in the United States is approximately $343,095, which is 195% above the national average. 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. Access to additional free ALM publications, 1 free article* across the ALM subscription network every 30 days, Exclusive discounts on ALM events and publications. Copyright 2023 ALM Global, LLC. Upon graduation from law school, Grewal served as a judicial law clerk for Sam H. Bell of the United States District Court for the Northern District of Ohio. 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.comJohn Hughes in Washington at jhughes@bloombergindustry.com. Los Angeles. The company for the past year has been expanding its legal staff under chief legal officer Paul Grewal, who joined the company last summer. In his new role, Sabella will Coinbase earlier this month hired Lowenstein Sandler counsel Alexander Zozos, a former special counsel in the Securities and Exchange Commissions Division of Trading and Markets, as a senior product counsel in New York. Contact Us| I appreciated very early on that Coinbase had some of the most challenging and industry-impacting issues of any company in crypto anywhere on the planet, said Paul Grewal, the crypto exchange's chief lawyer.
As part of its going-public process, Coinbase disclosed some potential legal liabilities it faces from state and federal probes of its operations. As Coinbase continues to be the bridge between the cryptoeconomy and the traditional financial system, implementing industry-leading compliance programs will be critical to earning and maintaining the trust of our retail and institutional customers, Grewal said. Coinbase is leading the expansion of digital currency into the financial mainstream. 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 Our growing legal team is building out its litigation practice. Albertus Horsting, a fellow Yale Law School graduate who spent nearly the past three years as a corporate associate at Wachtell in New York, joined Abdiel Capital Advisors LP in March as the hedge funds general counsel. USV is also a backer of Scroll, an online ad-blocking startup acquired last week by Twitter Inc., a social media giant that plans to integrate the readership platform into its subscription-based services. 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. 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 With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? Law Offices of Gary Martin Hays & Associates 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. very deliberately, she stated Tuesday in an email. Venture capital firm recently had $4.6 billion stake in Coinbase. Chicago-based Katherine Minarik, who most recently served as general counsel of the Americas for Dyson, will be Coinbases deputy general counsel of License our industry-leading legal content to extend your thought leadership and build your brand. Oct 2019 - Present3 years 6 months. Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? 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. 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. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? The latters parent company hired Deborah Djeu, vice president of regulatory affairs at cryptocurrency custodian BitGo Inc., as its head of regulatory in April.
Coinbase-Backed Standards-Setting Consortium Appoints General Christian Sabellahas fifteen years of experience in the fintech industry. The company is now in a quiet period mandated by regulators that precedes a stock market debut.
Counsel Shares trading in private auctions potentially value Coinbase at up to $100 billion. Lennon didnt respond to a request for comment about the circumstances surrounding her exit. 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. [5] While a judge on that court, Grewal sat on the Northern District's Technology Practice and Patent Instructions and Rules Committees. San Francisco-basedMilana McCullagh, most recently the senior director of legal at Google, was named deputy general counsel of product and commercial. 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. Deok Keun Matthew Ahn left his role as an associate general counsel at Coinbase in October to become deputy general counsel at Zumper Inc., an apartment rental startup whose legal chief is former Coinbase lawyer Aaron Hou. Christian Sabella (pictured)joins Cryptocurrency company, Coinbaseas senior director and associate general counsel. Former product counsel Andrew Ridenour is now senior counsel to the chairman of the Commodity Futures Trading Commission, while the director of the CFTCs division of market oversight is Dorothy DeWitt, a former divisional general counsel at Coinbase. https://www.law.com/corpcounsel/2022/10/11/nillion-taps-ex-coinbase-legal-leader-to-serve-as-general-counsel/. Beijing-based OKCoin legal counsel Phoebe Gan and Megan Monroe-Coleman, a former senior director of compliance at Coinbase who OKCoin hired more 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.