- Having more than 13 years of experience at Google as a senior legal director, now Milana will work at Coinbase
- McCullagh is not only appointed as of Coinbase’s campaign to attract legal talents but also Coinbase played a broader industry-wide movement
On Friday, Milana McCullagh, Google’s former senior Legal Director, was appointed by Coinbase Inc. as Coinbase’s deputy general counsel. It seems like Coinbase is leading a growing list of crypto firms by appointing high-level legal talents.
How will McCullagh help Coinbase?
Having more than 13 years of experience at Google as a senior legal director, now Milana will work at Coinbase. As an experienced legal director, and passionate for disruptive technology, Milana will now work for scaling product legal supports, ensure compliance, and launch the products at Coinbase. With the help of Milana, the firm can streamline its legal compliances for the latest product launch.
Is the Appointment a part of Coinbase’s Campaign?
Last year Coinbase started its campaign to attract legal talents. This year in between August and October, Coinbase also appointed several talents like Katherine Minarik, former general counsel at Dyson Ltd., Carly Nuzbach Lowery, former senior legal counsel at Uber Technologies Inc., Jade Clemons, a former attorney at Fenwick, and Janice Payne, the head of supervisory affairs at CLS Group Holdings AG.
However, it seems like McCullagh is not only appointed as of Coinbase’s campaign to attract legal talents but also Coinbase played a broader industry-wide movement of high level attys joining the crypto space.
Why is Coinbase Striving for Hiring?
It is observed that Coinbase is excessively hiring several legal talents. Indeed, this act of Coinbase refers to the fact that maybe the firm wants to stamp out regulatory threats from prospective investors before the event of a possible initial coin offering (IPO), as earlier this year, the firm grasped talk about an IPO with law firms and investment banks. However, there can be one more reason for these appointments, as the firm departed 60 of its employees to curtail political and social discussions at work.
Coinbase is not Alone in Appointing Top-level Legal Talents
We discovered that Coinbase is not alone in the space in bringing high-level legal talents to the cryptosphere. After the United States regulators stepped to legalize cryptocurrency and the US Department of Justice released official guidelines to regulate the virtual currencies market, it is observed that several major crypto exchanges started to appoint high-level attorneys.
As earlier this month Gemini Trust Co. LLC, brings the former head of legal, with Morgan Stanley’s global financial crimes division, O(1) Labs Operating corp, appointed the former in-house attorney at Goldman Sachs, and last week Andreessen Horowitz appointed Anthony Albanese.
However, we can conclude that the big names are making the jump in the cryptosphere, which is symbolizing the crypto’s growing influence in the legal world.
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