Ex-SEC Enforcement Chief Grewal Joins Milbank LLP Crypto Impact

  • Former SEC Enforcement Director Grewal joins Milbank LLP, boosting its crypto practice.  

  • Grewal’s move to Milbank raises speculation about him defending crypto firms against the SEC.

  • SEC continues strict crypto enforcement under new director Sanjay Wadhwa after Grewal’s exit.

Former U.S. Securities and Exchange Commission (SEC) Enforcement Director Gurbir Grewal has joined Milbank LLP.

Grewal’s departure comes as the SEC filed its appeal notice in the Ripple case, leading to speculation about whether his next move will involve defending crypto firms against the SEC. With extensive enforcement experience, Grewal’s move could impact the crypto industry, especially given Milbank’s work in blockchain and crypto regulation.

Milbank’s Crypto Expertise

Milbank’s crypto involvement began in 2019 when then-partner Douglas Landy co-authored a chapter on Distributed Ledger Technology in Blockchain and Crypto Assets Regulation. After Landy left in 2021 for White & Case, Milbank maintained its crypto regulation expertise, allowing Grewal to further build the firm’s capabilities.

Read also : SEC vs. Coinbase: Exchange Seeks Clarity Regarding Crypto Regulations

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