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Regulators that regulated and fined crypto … now advise crypto

Woman walking by a big Bitcoin sign displayed on a window.
Photo: Chris McGrath/Getty Images

Is it a problem that the lawyers who helped bring enforcement actions against crypto are now defending them in private practice?

The same lawyers who helped build the regulatory case against crypto are now advising crypto firms. Some of them have gone to law firms, and it might seem a bit more noticeable now that the SEC has lost a few high-profile cases in court when battling crypto firms. These lawyers