Crypto lawyers John Deaton and Tyler Winklevoss are raising the alarm against Milbank law firm's decision to hire officials known for their anti-crypto stance. This move has triggered unease among cryptocurrency stakeholders, given the firm's influential position.
Particularly, the hiring of Gurbir Grewal, with his history of actions perceived as against the crypto industry, is causing apprehension. Those aligned with the crypto sector are questioning how this could impact Milbank's future dealings with crypto companies.
Such criticisms highlight the tension between crypto advocates and traditional legal entities perceived as unsupportive of crypto's growth.
