- John Deaton’s CryptoLaw criticizes Ladan Stewart’s recent transition from SEC to White & Case.
- CryptoLaw highlights Stewart’s crucial role in the SEC’s “disastrous motions and hearings in the Ripple case.”
- Stewart’s transition from the SEC to a crypto firm has created ambiguity and optimism simultaneously.
XRP attorney John Deaton’s CryptoLaw criticized crypto-critic Ladan Stewart’s recent transition from the Securities and Exchange Commission (SEC) to the crypto law firm White & Case. In a recent X post, CryptoLaw highlighted Stewart’s crucial role in the SEC’s “disastrous motions and hearings in the Ripple case.”
According to a recent revelation, White & Case announced that Stewart joined the firm to enhance its crypto and cyber defense practices. Ladan’s transition from the crypto-critic regulatory body to a crypto law firm has sparked headlines, invoking multiple questions.
White & Case envisions enhancing crypto and cyber defense practices with Ladan, who boasts 20 years of experience in crypto law. Joel M. Cohen, Global Head of White & Case’s Global White Collar Practice, stated,
As a seasoned US Securities and Exchange Commission enforcement attorney and civil litigator with 20 years of experience, Ladan brings valuable expertise as we continue to strategically enhance our white collar, investigations, securities and financial institution litigation footprint and capabilities in the US.
However, Stewart’s critical involvement in the SEC’s legal war against multiple crypto firms, including Ripple and Coinbase, adds intrigue to the current development. While she played a significant role in Ripple and Coinbase cases, her departure from the SEC contributes to the optimism surrounding these firms’ victory against the regulators.
CryptoLaw’s X post sheds light on Stewart’s role in the SEC’s 2022 omnibus motion that argued the Hinman documents were protected by “attorney-client privilege.” Contrasting her previous anti-crypto stance, Stewart in an interview stated,
Crypto is here to stay—that’s become very clear with the launch of a slew of Bitcoin exchange-traded funds. Given the complexity and the turbulent enforcement arena, legal questions surrounding crypto will be at the forefront for some time.
Moreover, ‘MartyParty’, a prominent voice in the crypto space, took to X to comment on Stewart’s move, questioning, “Could White & Case be the firm to take on Gary Gensler and end this charade once and for all?”
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