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- John Deaton’s CryptoLaw criticizes Ladan Stewart’s latest transition from SEC to White & Case.
- CryptoLaw highlights Stewart’s essential function within the SEC’s “disastrous motions and hearings within the Ripple case.”
- Stewart’s transition from the SEC to a crypto agency has created ambiguity and optimism concurrently.
XRP lawyer John Deaton’s CryptoLaw criticized crypto-critic Ladan Stewart’s latest transition from the Securities and Change Fee (SEC) to the crypto regulation agency White & Case. In a latest X submit, CryptoLaw highlighted Stewart’s essential function within the SEC’s “disastrous motions and hearings within the Ripple case.”
In accordance with a latest revelation, White & Case introduced that Stewart joined the agency to boost its crypto and cyber protection practices. Ladan’s transition from the crypto-critic regulatory physique to a crypto regulation agency has sparked headlines, invoking a number of questions.
White & Case envisions enhancing crypto and cyber protection practices with Ladan, who boasts 20 years of expertise in crypto regulation. Joel M. Cohen, World Head of White & Case’s World White Collar Follow, acknowledged,
As a seasoned US Securities and Change Fee enforcement lawyer and civil litigator with 20 years of expertise, Ladan brings useful experience as we proceed to strategically improve our white collar, investigations, securities and monetary establishment litigation footprint and capabilities within the US.
Nonetheless, Stewart’s essential involvement within the SEC’s authorized warfare towards a number of crypto corporations, together with Ripple and Coinbase, provides intrigue to the present growth. Whereas she performed a major function in Ripple and Coinbase instances, her departure from the SEC contributes to the optimism surrounding these corporations’ victory towards the regulators.
CryptoLaw’s X submit sheds gentle on Stewart’s function within the SEC’s 2022 omnibus movement that argued the Hinman paperwork had been protected by “attorney-client privilege.” Contrasting her earlier anti-crypto stance, Stewart in an interview acknowledged,
Crypto is right here to remain—that’s develop into very clear with the launch of a slew of Bitcoin exchange-traded funds. Given the complexity and the turbulent enforcement enviornment, authorized questions surrounding crypto might be on the forefront for a while.
Furthermore, ‘MartyParty’, a distinguished voice within the crypto area, took to X to touch upon Stewart’s transfer, questioning, “May White & Case be the agency to tackle Gary Gensler and finish this charade as soon as and for all?”
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