News View Non-AMP

Is the SEC Losing Grip? Leader Exits Spark Concerns About Future of Crypto Regulation

Published by
Qadir AK

Who could have seen this coming?!

In a surprising twist, lawyers are making strategic moves, swapping sides between the Securities and Exchange Commission (SEC) and private law firms. Coinpedia recently disclosed the covert submission of resumes by attorneys to various US law firms, igniting speculation about the SEC’s internal dynamics.

Notably, SEC lawyers disclosing Commissioner Gensler’s position before a potential exodus has raised concerns about the agency’s direction under his leadership.

Losing Top Talent

Ladan Stewart, a prominent figure in the SEC’s crypto unit, has left the agency to join White & Case, a law firm renowned for its pro-crypto stance. This move has stirred the crypto community, sparking debates about the potential ramifications.

CryptoLaw and MartyParty, well-known figures in the crypto space, expressed surprise at Stewart’s departure from the SEC. Their tweets suggest that her transition to a private law firm supportive of cryptocurrencies might signify a significant shift in the legal dynamics surrounding crypto regulation.

Also Read: Ripple and Coinbase Get a Boost? Top SEC Lawyer Switches Sides, Joins White & Case

Understanding the Aftermath

With Stewart playing a pivotal role in the SEC, overseeing high-profile cases such as the lawsuit against Coinbase and the legal battle with Ripple, her departure raises questions about the agency’s future direction. The industry is wondering – is this the downfall of the SEC?

Stewart’s decision to join White & Case, known for its robust white-collar defense group, underscores her commitment to the crypto and cyber defense space. She asserted that “crypto is here to stay,” citing the rising popularity of Bitcoin exchange-traded funds and the persistent legal ambiguities surrounding cryptocurrency.

Did You Know? BREAKING: Analyst Predicts Ripple Vs SEC Case May End in April

Is This a Turning Point for Crypto?

In addition to Stewart, White & Case welcomed John Cahill, a seasoned corporate real estate lawyer, further bolstering its legal team. These hires reflect the firm’s commitment to expanding its capabilities in key practice areas, including crypto and corporate law.

Stewart’s departure from the SEC and her move to White & Case mark a noteworthy development in the evolving relationship between regulators and the crypto industry. The industry observes keenly, anticipating how her transition will influence future regulatory decisions and legal proceedings concerning cryptocurrency.

The SEC’s loss is the crypto industry’s gain. Agree or disagree?

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Recent Posts

Dogecoin (DOGE) and 3 Other Coins Under $0.40 Positioned to Beat Cardano (ADA) in Gains in 2025

Cardano (ADA), a cryptocurrency noted for its scalability and performance emphasis, is rapidly declining with…

April 3, 2025

Bitcoin Price Prediction 2025, 2026 – 2030: Is $100k Arriving Anytime Soon?

Story Highlights The Bitcoin price today is . The BTC price could hit a maximum…

April 3, 2025

Ripple Releases 1 Billion XRP—Again, Is Something Big About to Happen?

Ripple has once again unlocked a massive 1 billion XRP, the second time in a…

April 3, 2025

Crypto Fear and Greed Index Hits Multi-Month Low: Is a Recession-Led Crypto Crash Coming?

Following President Trump's Tariff announcement that shook the markets across the world, the crypto market…

April 3, 2025

Pi Coin Price Crashes 78%: Is This the End for the Once-Hyped Cryptocurrency?

Pi Coin, once one of the most hyped cryptocurrencies, is now in deep trouble. After…

April 3, 2025

Metaplanet Boosts Bitcoin Holdings with ¥2.63 Billion Raise

Japanese public company Metaplanet has secured ¥2.63 billion in funding to expand its Bitcoin holdings.…

April 3, 2025