Crypto community wants to ditch Milbank after it hired former SEC director Gurbir Grewal. Big names like John Deaton and Tyler Winklevoss are leading the charge, questioning Grewal's impact on crypto.
Crypto lawyers, including John Deaton and Tyler Winklevoss, criticize Milbank law firm for hiring officials with anti-crypto views. Concerns are raised about Gurbir Grewal's past and its impact on crypto firms.
Coinbase CEO Brian Armstrong refuses to collaborate with law firms employing former SEC staff perceived as hostile to crypto, like Milbank, which recently hired ex-SEC director Gurbir S. Grewal.
Coinbase parts ways with Milbank post-Gurbir Grewal joining, indicating increasing tensions with regulators.
Coinbase is severing ties with law firms that hire former SEC officials seen as anti-crypto.