RATE Group | Cryptocurrency Exchange Bitstamp Raids Rival for New Legal Chief
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Cryptocurrency Exchange Bitstamp Raids Rival for New Legal Chief

27 Feb Cryptocurrency Exchange Bitstamp Raids Rival for New Legal Chief

Posted at 01:50h in Cryptocurrency News by

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One of the world’s oldest cryptocurrency exchanges has hired a former federal prosecutor as its top in-house lawyer and appointed a veteran cryptocurrency lawyer to the board of directors for its U.S. arm.

Mary Beth Buchanan, a former U.S. Attorney for the Western District of Pennsylvania who went on to become a partner at Bryan Cave Leighton Paisner in New York, is the new chief legal officer at Bitstamp Ltd., which was founded in 2011 and sold seven years later to South Korean conglomerate NXC Corp.

Buchanan recently served as general counsel for Payward Inc., the parent company of San Francisco-based cryptocurrency exchange Kraken. Buchanan joined Kraken in 2018 from Bryan Cave, where she handled white-collar defense, investigations, and securities litigation and enforcement work.

Bitstamp said in a Feb. 26 statement touting Buchanan’s hire that she looked forward to joining the company, which has offices in New York, Luxembourg, London, and Ljubljana, Slovenia. “This is an…

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