Sullivan & Cromwell’s Enforcement Practice Leans Into Cryptocurrency Boom

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Sullivan & Cromwell workplace signal. Courtesy photograph

ANALYSIS

Because the monetary sector collides with know-how, the agency has received work from conventional purchasers reminiscent of Goldman Sachs and Wells Fargo in addition to know-how firms reminiscent of BlockFi.

August 26, 2022 at 03:32 PM

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What You Have to Know

  • Sullivan & Cromwell made large investments in its enforcement and felony protection and investigations practices currently.
  • The observe has led the agency to seize work not only for giant banks but in addition cryptocurrency platform firms.
  • The agency expects to see demand proceed to ramp up for securities and anti-money laundering enforcement issues.

As company felony enforcement has picked up pace below the Biden administration, authorities legal professionals have been in excessive demand the previous few years.

Simply take a look at the U.S. Securities and Trade Fee, which continues to see lawyers leaving for private practice.

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