![]() Peikin separately is on the law firm's team as counsel to FTX Trading in its proceeding in U.S. Savitt, co-chair of the firm's litigation group, represented Twitter in its clash in Delaware court with Elon Musk over his $44 billion acquisition of the social media site.Ĭoinbase also has a former Trump-era SEC enforcement leader, Steve Peikin of Sullivan & Cromwell, as a defender. Neither company immediately responded to messages seeking comment about decision-making on hiring law firms.Ĭoinbase's defense lawyers include William Savitt of Wachtell, Lipton, Rosen & Katz. Both companies in statements contested the allegations, setting up what could be protracted fights in court and tens of millions of dollars in legal fees. The SEC accused Coinbase of failing to register with the agency, and the agency alleged Binance, among other things, inflated trading volumes. ![]() SEC enforcers also sued Binance's CEO and the operator of the platform's U.S. The securities agency sued Coinbase in Manhattan federal court on Tuesday, one day after filing claims in Washington, D.C., federal court against Binance, the world's biggest crypto exchange. Securities and Exchange Commission leveled against cryptocurrency exchanges Coinbase and Binance this week have drawn in leaders of white-collar and securities groups at some of the country's largest law firms. ![]() June 6 (Reuters) - The pair of cases that the U.S. Gibson Dunn, WilmerHale and Latham involved in Binance case.Coinbase hires Sullivan & Cromwell, Wachtell lawyers.
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