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US SEC Lead Behind Ripple & Coinbase Suit Joins Crypto – Crypto News

Published

1 year ago

February 21, 2024

Dripp

Ladan Stewart, a prominent figure in the Securities and Exchange Commission (SEC) known for her involvement in significant legal battles with the cryptocurrency industry, has transitioned to a new role in the private sector. Stewart, who has dedicated eight years to the SEC’s enforcement division, recently took on a position at White & Case, a leading law firm. This move marks a significant shift in Stewart’s career, where she previously led the SEC’s crypto and cyber litigation unit since September 2022. Her tenure at the SEC was notable for overseeing critical actions against major players in the cryptocurrency space, including a lawsuit against Coinbase Global Inc.

During her time at the SEC, Stewart was at the forefront of the agency’s efforts to regulate the crypto industry, participating in high-profile cases such as the legal dispute with Ripple over the classification of its XRP token. This case, in particular, drew widespread attention after a New York federal judge ruled in favor of Ripple, a decision the SEC has since appealed. Stewart’s move to White & Case as a partner in the firm’s white-collar defense group signifies a strategic shift, with plans to develop a specialized practice focusing on crypto and cyber defense.