Ladan Stewart, a key figure in the SEC’s enforcement division, has joined White & Case as a partner. Thus, he made a significant transition in his career from the public to the private sector. Stewart’s leadership of the SEC’s crypto and cyber litigation unit has led to his involvement in high-profile cases against major cryptocurrency organizations such as Ripple and Coinbase.
The critical name of the SEC started working at White & Case
As a leading figure at the Securities and Exchange Commission (SEC) and involved in significant legal battles with the cryptocurrency industry, Ladan Stewart has transitioned to a new role in the private sector. Stewart spent eight years in the SEC’s enforcement division. He has led the SEC’s crypto and cyber litigation unit since September 2022. He recently started working at White & Case, a leading law firm. This move marks a significant change in Stewart’s career. His tenure at the SEC was marked by critical actions against major players in the crypto space, including the lawsuit against Coinbase.
During his tenure at the SEC, Stewart was at the forefront of the agency’s efforts to regulate the crypto industry. He has also been involved in high-profile cases, such as the legal dispute with Ripple over the classification of the XRP token. This case received widespread attention when a federal judge in New York ruled in favor of Ripple. However, cryptokoin.comAs you follow from , the SEC appealed this decision. Stewart moved to White & Case, now as a partner in the firm’s white-collar defense group.
Ripple and Coinbase lawsuits
Ladan Stewarts’ chairmanship of the crypto and cyber litigation division at the SEC brought him into the spotlight. Moreover, leading crypto exchange Coinbase Global Inc. It became even more evident with the lawsuit filed against him. His lack of involvement in these matters further confirms the SEC’s move under the Biden administration to qualify most digital tokens as securities and therefore regulate them. The case against Ripple is also a perfect example of the complexity of regulating cryptocurrencies.
The judge’s Ripple decision sparked huge debate in the industry regarding cryptocurrency regulation. Additionally, Ripple’s argument has gained a large number of supporters. The SEC’s decision to appeal continues the current debate regarding the classification and regulation of digital tokens. Because the SEC announced that it still wants to continue the discussion. Stewart’s involvement in these landmark cases will transform his practice at White and Case Law Firm, where he will be able to resolve complex legal issues related to cryptocurrencies.
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