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. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Terms of Service. The company also brought on product counsel director Kenneth Hwang, associate general counsel for consumer product Lindsay Danas Cohen, associate general counsel for regulatory Meghan King, associate general counsel Samuel Brown, and corporate counsel Jolie Yang in January. 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. Lee A. Schneider is General Counsel at Block.one, one of the worlds largest blockchain companies and creator of the EOSIO blockchain protocol. As part of its going-public process, Coinbase disclosed some potential legal liabilities it faces from state and federal probes of its operations. Coinbase is leading the expansion of digital currency into the financial mainstream. Coinbases current stock price was $293.45 as of Monday evening. In his new role, Sabella will lead the cryptocurrency exchanges capital markets legal work. As Nillions only in-house lawyer at the moment, Lindsay Danas Cohen plans to build the legal team very deliberately, she stated Tuesday in an email. Customer Service| I currently manage a team of US regulatory lawyers and licensing specialists with responsibility for regulatory strategy 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 Contact Us| Its pace of in-house additions accelerated after Grewals appointment, as Coinbase sought to build out a compliance, legal, and regulatory apparatus ahead of a potential public listing. Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Richard Lawler, Engadget, Facebook hires U.S. Magistrate Judge Paul Grewal, United States District Court for the Northern District of California, United States District Court for the Northern District of Ohio, United States Court of Appeals for the Federal Circuit, United States Patent and Trademark Office, http://blogs.mcgeorge.edu/ipsa/archives/488, https://www.linkedin.com/in/paul-grewal-288978b4, http://law.scu.edu/wp-content/uploads/hightech/Judge%20Grewal.pdf, "Paul Grewal '96 Appointed US Magistrate Judge | University of Chicago Law School", "Legal Industry Luminary Paul Grewal Joins Zapproved Board of Directors", https://nasabablog.wordpress.com/2010/12/01/former-nasaba-president-paul-grewal-appointed-federal-magistrate-judge/, https://thesedonaconference.org/bio/grewal-paul, http://www.therecorder.com/id=1202757560813/Judge-Grewal-to-Leave-Bench-for-Facebook?back=law&cn=20160513&pt=Newswire&src=EMC-Email&et=editorial&bu=Law.com&slreturn=20170020012328, http://www.courthousenews.com/2016/05/27/judge-grewal-leaves-bench-to-join-facebook.htm, https://blogs.wsj.com/law/2016/05/13/facebook-hires-judge-paul-s-grewal-for-litigation-role/, http://www.recode.net/2016/5/12/11668896/federal-magistrate-paul-grewal-joining-facebook, http://fortune.com/2016/05/16/federal-judge-quits-to-join-facebook/, https://www.engadget.com/2016/05/13/facebook-hires-u-s-magistrate-judge-paul-grewal/, "Coinbase Taps Facebook Deputy General Counsel as New Legal Chief (1)", "Coinbase announces 1,100 layoffs as CEO warns of recession and crypto winter", "Coinbase's Paul Grewal Defends Layoffs as Crypto Firm Braces for Recession", https://www.sec.gov/Archives/edgar/data/0001679788/000114036122015201/edge20001234x1_def14a.htm, https://en.wikipedia.org/w/index.php?title=Paul_Grewal&oldid=1105961704, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 22 August 2022, at 15:33. [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. WIPL is the original global forum facilitating women-to-women exchange on leadership and legal issues. 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. 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 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. About Us| With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? 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. Both options are priced the same. 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. P.C. 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. 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. [8] Grewal was also appointed by Chief Justice John Roberts to the Federal Judicial Centers Magistrate Judge Education Committee and served as a co-chair of the Federal Circuit Bar Associations Judges Committee. The company said in recent securities filings that it expects to incur more than $2.7 million in legal fees and expenses in going public. https://www.law.com/corpcounsel/2021/05/10/how-coinbases-legal-team-expanded-at-crypto-speed-navigated-public-debut/. 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. Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! 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. WebDirector, AGC Corporate at Coinbase San Francisco, California, United States. 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. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. 16 June 2021 Christian Sabella (pictured) joins Cryptocurrency company, Coinbase as senior director and associate general counsel. About Us| Copyright 2023 ALM Global, LLC. All Rights Reserved. He also confirmed the recent hires of head of intellectual property Ariana Woods and two associate general counsel, Xiaolin Miranda Ma and Youli Lee. Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession. Christian Sabella (pictured)joins Cryptocurrency company, Coinbaseas senior director and associate general counsel. Copyright 2023 ALM Global, LLC. McGeorge School of Law, A Conversation with Judge Grewal about IP and the Northern District of California. Coinbase declined to discuss individual departures. Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! To view this content, please continue to their sites. 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. Coinbase acknowledged its latest batch of new recruits but declined to discuss them further. 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 Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Christian Sabellahas fifteen years of experience in the fintech industry. Coinbase and Circle Internet founded Centre in 2018 to set standards for blockchain Coinbase and Circle Internet founded Centre in 2018 to set standards for blockchain-based financial services. 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. Coinbase serves around 56 million verified users, 8,000 institutions and 134,000 ecosystem partners in over 100 countries. Los Angeles. Nicholas Iovino, Judge Grewal Leaves Bench to Join Facebook. 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/. 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. Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? 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. 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. Chicago-basedKatherine Minarik, who most recently served as general counsel of the Americas for Dyson,will be Coinbasesdeputy general counsel of litigation. Arya Sadeghi, a principal corporate counsel at data analytics company CoreLogic Inc. in Irvine, Calif., was hired as senior counsel. 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. 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! The announcement was made by Coinbasechief legal officer Paul Grewalon the social platform Twitter. 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. Coinbase, now the largest U.S. cryptocurrency exchange, saw its valuation soar past $100 billion following a direct listing in April on the Nasdaq. Cohen most recently served as associate GC at Coinbase. Our team is thinking hard about structures that make sense for our portfolio companies and our limited partners.. [10] He joined Facebook in June 2016. Both options are priced the same. Contact Us| Armstrong Teasdale corporate services partner Thor Mathison in St. Louis also came aboard as an associate general counsel. 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 had already recruited several legal staffers prior to the end of Brooks tenure as legal chief nearly a year ago. 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. 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. [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. The company for the past year has been expanding its legal staff under chief legal officer Paul Grewal, who joined the company last summer. 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. 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. Join Corporate Counsel now! 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. 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? About Us| 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. Salary information 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. 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. 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. Your article was successfully shared with the contacts you provided. WebAverage Coinbase Associate General Counsel yearly pay in the United States is approximately $343,095, which is 195% above the national average. Don't miss the crucial news and insights you need to make informed legal decisions. Other Coinbase lawyers have taken roles at company-supported endeavors. Like all great innovations, change comes with challenges, he wrote. 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. WIPL is the original global forum facilitating women-to-women exchange on leadership and legal issues. 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. Ina Fried, Recode, U.S. Magistrate Judge Paul Grewal is leaving the bench for Facebook. Join team who receives, tracks, investigates, prepares evidentiary presentations, attempts to settle, and, where necessary, litigates litigation and regulatory For more information, visit the Groups website www.lcpublishinggroup.com, For more information, visit the Groups website, Real Estate, Construction & Infrastructure. The company saw some lawyers and its former compliance chief depart last fall in the aftermath of a mandate barring political activism in the companys workplace. 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. 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 ). 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 this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. Terms of Service. Site Map, Advertise| 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.