Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Copyright 2023 ALM Global, LLC. 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. Coinbase serves around 56 million verified users, 8,000 institutions and 134,000 ecosystem partners in over 100 countries. 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. 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. 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. Chintan Amin, NASABA, Former NASABA President Paul Grewal Appointed Federal Magistrate Judge. Learn more about a Bloomberg Law subscription. Site Map, Advertise| Ina Fried, Recode, U.S. Magistrate Judge Paul Grewal is leaving the bench for Facebook. Both options are priced the same. 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. Access to additional free ALM publications, 1 free article* across the ALM subscription network every 30 days, Exclusive discounts on ALM events and publications. About Us| Remote work options are also available. About Us| As Nillions only in-house Colin Moran, a graduate of Stanford Law School and former investment banking associate at the Goldman Sachs Group Inc., is a managing partner at Abdiel, which he founded in 2006. 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. Milana McCullagh, who spent the past 13 years in-house at Alphabet Inc.'s Google LLC, was announced Friday by Coinbase as its new deputy general counsel for product and commercial legal. Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? You will be Our Team Account subscription service is for legal teams of four or more attorneys. For more information, visit the Groups website www.lcpublishinggroup.com, For more information, visit the Groups website, Real Estate, Construction & Infrastructure. Copyright 2023 ALM Global, LLC. Cohen most recently served as associate GC at Coinbase. 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 Contact Us| 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. [4], Grewal is the former president of the National South Asian Bar Association. [5] While a judge on that court, Grewal sat on the Northern District's Technology Practice and Patent Instructions and Rules Committees. 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. She was most recently general counsel at general counsel for flying car startup Kitty Hawk Inc. Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? Terms of Service. WebDirector, AGC Corporate at Coinbase San Francisco, California, United States. 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. 16 June 2021 Christian Sabella (pictured) joins Cryptocurrency company, Coinbase as senior director and associate general counsel. Coinbases rapid growth has not come without controversy. [6], On December 1, 2010, Grewal was sworn in as a U.S. magistrate judge for the United States District Court for the Northern District of California. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. Lee A. Schneider is General Counsel at Block.one, one of the worlds largest blockchain companies and creator of the EOSIO blockchain protocol. 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. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. Christian Sabella (pictured)joins Cryptocurrency company, Coinbaseas senior director and associate general counsel. Tech startup Nillion has scooped up a former in-house legal leader for Coinbase to serve as the companys first-ever general counsel. [16] Grewal defended the layoffs, arguing that it needed to be done to "ensure we stay healthy during this economic downturn. 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. Latham & Watkins is representing financial advisers on Coinbases direct listing. Paul Singh Grewal is an American attorney working as chief legal officer at Coinbase. 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-based Truework, a venture capital-backed identity management startup that raised $30 million last year. 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. Our Team Account subscription service is for legal teams of four or more attorneys. Engage and manage outside counsel to effectively and efficiently represent Coinbase. Grewal currently owns roughly $856,000 in Coinbase stock, per Bloomberg Law data. 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. 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. 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! Contact Us| 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 disclosed McCullaghs hire along with its addition of deputy general counsel for litigation Katherine Minarik, who recently came aboard after serving as Americas legal chief at Dyson Ltd. Coinbase declined to discuss individual departures. 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 ). Terms of Service. 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. A company spokeswoman confirmed those numbers, and said in a statement to Bloomberg Law that a strong and diverse legal and compliance team is also a key part of achieving our priority of Coinbase to be the most trusted.. Contact Us| Your article was successfully shared with the contacts you provided. 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.. 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. 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. 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. About Us| WIPL is the original global forum facilitating women-to-women exchange on leadership and legal issues. 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. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? 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. 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. Don't miss the crucial news and insights you need to make informed legal decisions. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. The company has also sought to bring on lawyers with regulatory ties, picking up chief of staff and counsel for trust and risk Hermine Wong in February after she served as special counsel in the Securities and Exchange Commissions offices of structured disclosure and chief counsel. He was most recently acting director of the U.S. Securities and Exchange Commissions (SEC) Division of Trading and Markets. Honoring outstanding legal achievements focused at the national level, largely around Big Law and in-house departments. 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. 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. WebPaul Singh Grewal is an American attorney working as chief legal officer at Coinbase. 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 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. https://www.law.com/corpcounsel/2022/05/04/coinbase-backed-crypto-consortium-appoints-new-general-counsel/. Law Offices of Gary Martin Hays & Associates 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 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. Learn more about a Bloomberg Law subscription. 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. Danas Cohen was previously general counsel at Orchard Platform Markets LLC, a lending data and services startup sold in 2018 to Kabbage Inc. She then spent more than two years as legal chief for Velocity Markets Inc., a digital asset startup sold this past November to San Francisco-based Securitize Inc. A trio of other in-house additions joined Abraham and Rooney at the company this month. Terms of Service. 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. As part of its going-public process, Coinbase disclosed some potential legal liabilities it faces from state and federal probes of its operations. WebThe chart shows total cash compensation for the COINBASE Associate General Counsel, Consumer in the United States, which includes base, and annual incentives can vary anywhere from $245,459 to $386,885 with an average total cash compensation of $316,172. Christian Sabella has fifteen years of experience in the fintech industry. Our growing legal team is building out its litigation practice. Access to additional free ALM publications, 1 free article* across the ALM subscription network every 30 days, Exclusive discounts on ALM events and publications. Sonia Siddiqui, a lawyer and manager of privacy and cybersecurity at accounting firm Grant Thornton LLP, joined that month as privacy lead. The company for the past year has been expanding its legal staff under chief legal officer Paul Grewal, who joined the company last summer. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? https://www.law.com/corpcounsel/2022/10/11/nillion-taps-ex-coinbase-legal-leader-to-serve-as-general-counsel/. Nillion is a Web3 startup founded in 2021. 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! Venture capital firm recently had $4.6 billion stake in Coinbase. Centre manages USD Coin, an essential part of Coinbase's trading system. 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 technology, media, and distributed systems. All Rights Reserved. Join Corporate Counsel now! Coinbase Inc., a fast-growing cryptocurrency exchange eyeing a potential initial public offering, has made another high-profile legal recruit. Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Former legal chief Brian Brooks currently leads the Office of the Comptroller of the Currency, where he is reshaping U.S. banking laws. WebPaul Grewal has served as our Chief Legal Officer & Secretary since August 2020. Join Corporate Counsel now! Our second option allows you to build your bundle and strategically select the content that pertains to your needs. With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. Coinbase is leading the expansion of digital currency into the financial mainstream. Union Square Ventures LLC, which scored big with an investment in newly public cryptocurrency exchange Coinbase Global Inc., has hired its first general counsel. [11][12][13][14], On July 9, 2020, it was announced that Grewal would replace Brian Brooks as chief legal officer at Coinbase, a cryptocurrency exchange. 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. 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. Beijing-based OKCoin legal counsel Phoebe Gan and Megan Monroe-Coleman, a former senior director of compliance at Coinbase who OKCoin hired more We also want to echo the call that Coinbase General Counsel Paul Grewal made asking others in the financial services industry to step up with their own reports. Other recent recruits include Carly Nuzbach Lowery, a former senior legal counsel at Uber Technologies Inc. in London, where she joined Coinbase this month as an associate general counsel. Worden, a former Paul Hastings associate, spent the past half-dozen years at Walmart, where she was most recently a senior director of program governance and U.S. ethics and compliance. "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. 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. Not a Bloomberg Law Subscriber?Subscribe Now. As is usually the case, the demand is directed at the largest crypto exchange in the United States, Coinbase. very deliberately, she stated Tuesday in an email. 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? 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. Draft and file pleadings and briefs as needed. 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. 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. 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. Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! 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. 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. Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Customer Service| Contact Us| 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. 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. LexisNexis and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. 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.