[4], Grewal is the former president of the National South Asian Bar Association. 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. Nillion is a Web3 startup founded in 2021. 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. Prior to that date Coinbases customers were unable tobuy, Cash were, in general, able to engage in Bitcoin Cash April 1, 2021 General Counsel. Strait joins Coinbase as it prepares to go public. WIPL is the original global forum facilitating women-to-women exchange on leadership and legal issues. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. 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 WebAt Coinbase, our mission is to increase economic freedom around the world, and we couldnt do this without hiring the best people.Were 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 theyre trading, storing, staking or using crypto. Paul Singh Grewal is an American attorney working as chief legal officer at Coinbase. With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. 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. Centre manages USD Coin, an essential part of Coinbase's trading system. Coinbase Adds Attorneys From Google, Dyson to Legal Department The XRP community is unimpressed by Coinbases latest crypto advocacy efforts. 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. 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! With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? Site Map, Advertise| Chicago-basedKatherine Minarik, who most recently served as general counsel of the Americas for Dyson,will be Coinbasesdeputy general counsel of litigation. Coinbase acknowledged its latest batch of new recruits but declined to discuss them further. 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. Counsel Jade Clemons, a former attorney with Fenwicks flexible working arm, joined Coinbase in September as a commercial counsel. Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession. For more information, visit the Groups website www.lcpublishinggroup.com, For more information, visit the Groups website, Real Estate, Construction & Infrastructure. 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. 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. Terms of Service. Coinbases Legal Hiring Spree Continues Despite Defections Coinbase advertising its initial public offering at the Nasdaq MarketSite in New York on April 14, 2021. Coinbase and Circle Internet founded Centre in 2018 to set standards for blockchain-based financial services. Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession. Not a Bloomberg Law Subscriber?Subscribe Now. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? Shirzad, Coinbases new policy chief, will report to Coinbases chief legal officer and corporate secretary, Paul Grewal, hired by the company last year from Facebook Inc. Coinbase disclosed in securities filings this year that Grewal received a total compensation package valued at more than $18 million. 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. Join Corporate Counsel now! 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. 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. The San Francisco-based company also hired Molly Abraham this month as an associate general counsel for commercial. WebThe average salary for Associate General Counsel, Institutional at companies like COINBASE in the United States is $213,304 as of January 26, 2023, but the range typically falls between $177,424 and $249,184. A stablecoin backed by Coinbase reached $1 billion in market capitalization in July, a month after the company was advised by Fenwick & West on its acquisition of Tagomi Holdings Inc., a cryptocurrency brokerage startup backed by Peter Thiel. 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. 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. [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. Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! 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. Site Map, Advertise| Coinbase To view this content, please continue to their sites. 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. Coinbase Secures Christian Sabella as Its 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. Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Coinbase disclosed in securities filings last month that Grewal received more than $18 million in total compensation after being hired from Facebook Inc. Coinbase has tapped Fenwick & West to advise on its direct listing. Copyright 2023 ALM Global, LLC. [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. [3] After working at Pillsbury, Grewal then served as a judicial law clerk for Judge Arthur J. Gajarsa of the United States Court of Appeals for the Federal Circuit. 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. WIPL is the original global forum facilitating women-to-women exchange on leadership and legal issues. 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. Your article was successfully shared with the contacts you provided. [3] In 2010, Grewal was named as a "Best Lawyer Under 40" by the National Asian Pacific American Bar Association (NAPABA). All Rights Reserved. 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. 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 chief compliance officer Jeff Horowitz is leaving, although his departure is reportedly not due to the politics ban. Lee, a former federal prosecutor who spent part of last year in a cybersecurity counsel role at the Commerce Department before joining the Biden-Harris presidential campaign, joined Coinbase in April as an associate general counsel. [5] Grewal was approved to join the Board of Directors for Zapproved, an electronic discovery software provider, in July 2021. Contact Us| Copyright 2023 ALM Global, LLC. Fenwick, in a practice common among its Silicon Valley brethren, noted in the same filings that individuals and entities associated with the firm beneficially own an aggregate of less than 0.01% of Coinbases capital stock, which will convert to Class B common stock when the company eventually goes public. Coinbase Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? The two new recruits are the latest in a string of legal and compliance additions by the San Francisco-based company, which in July brought on former Facebook Inc. deputy general counsel Paul Grewal as its new chief legal officer. Christian Sabella has fifteen years of experience in the fintech industry. Don't miss the crucial news and insights you need to make informed legal decisions. Former legal chief Brian Brooks currently leads the Office of the Comptroller of the Currency, where he is reshaping U.S. banking laws. Coinbase and Circle Internet founded Centre in 2018 to set standards for blockchain Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Coinbase touted McCullaghs previous experience working with product, engineering, and business teams behind disruptive technologies like artificial intelligence, Google Maps, and Google Search. Coinbases Direct Listing Is Said to Be Pushed Back to April, Coinbase Agrees to Pay $6.5 Million to Settle CFTC Data Probe, Coinbase Is Said to Be Valued at $90 Billion in Private Auction, Coinbase CEO Could Get More Than $1 Million Per Day After IPO, Wall Street Set to Learn How Tough Bidens Watchdogs Will Be (1), backed by Alphabet Inc. co-founder Larry Page, Crypto exchange adds Ian Rooney as enterprise compliance head, Kitty Hawk general counsel among handful of new legal recruits. Terms of Service. Terms of Service. Our Team Account subscription service is for legal teams of four or more attorneys. [1][2][3] Grewal then earned a Juris Doctor from the University of Chicago in 1996. (Corrects throughout spelling of Samson Mesele's last name. She was most recently general counsel at general counsel for flying car startup Kitty Hawk Inc. 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. Our growing legal team is building out its litigation practice. 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. Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Engage and manage outside counsel to effectively and efficiently represent Coinbase. Honoring outstanding legal achievements focused at the national level, largely around Big Law and in-house departments. WebCoinbase. 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. WebAverage Coinbase Associate General Counsel yearly pay in the United States is approximately $343,095, which is 195% above the national average. Union Square Ventures LLC, which scored big with an investment in newly public cryptocurrency exchange Coinbase Global Inc., has hired its first general counsel. Signage is displayed at the front desk of the Coinbase Inc. office in San Francisco on Dec. 1, 2017. Union Square Ventures Adds First GC Amid Coinbase Haul (Correct) WebCarly Nuzbach Lowery, who is based in London, most recently was associate general counsel at cryptocurrency exchange Coinbase. About Us| Doug Sharp - Director, Associate General Counsel, The Under-Appreciated Significance of Coinbase Going 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. 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. As part of its going-public process, Coinbase disclosed some potential legal liabilities it faces from state and federal probes of its operations. 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. Learn more about a Bloomberg Law subscription. Customer Service| 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 With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? 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. [15] On June 14, 2022, Coinbase announced that it would layoff 18% of its workforce. Coinbase 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! Coinbase, now the largest U.S. cryptocurrency exchange, saw its valuation soar past $100 billion following a direct listing in April on the Nasdaq. Honoring outstanding legal achievements focused at the national level, largely around Big Law and in-house departments. [5] While a judge on that court, Grewal sat on the Northern District's Technology Practice and Patent Instructions and Rules Committees. Grewal currently owns roughly $856,000 in Coinbase stock, per Bloomberg Law data. Tech startup Nillion has scooped up a former in-house legal leader for Coinbase to serve as the companys first-ever general counsel. Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Ross Todd, The Recorder, Judge Grewal to Leave Bench for Facebook. Coinbase currently lists on its website openings for at least 10 legal and compliance positions in Berlin, London, New York, San Francisco, and Tokyo. All Rights Reserved. Counsel In his new role, Sabella will lead the cryptocurrency exchanges capital markets legal work. Coinbase, which tapped Fenwick & West to advise on the direct listing that took the company public in April, has recently recruited lawyers from the Biden-Harris transition team, bank holding company Capital One Financial Corp., digital asset trading platform OKCoin USA Inc., and retail giant Walmart Inc.
Close