Former CFTC Commissioner Dawn Stump Joins Crypto Risk Monitoring Firm Solidus Labs as Adviser
The appointment reflects the broader trend of former top government officials taking roles at crypto firms after departing from their public service roles.
Aug 16, 2022 at 10:10 a.m. UTC
Jamie Crawley is a CoinDesk news reporter based in London.
Dawn Stump, former commissioner of the U.S. Commodity Futures Trading Commission (CFTC), has joined crypto risk monitoring firm Solidus Labs as an adviser.
- Stump, who was commissioner of the U.S. derivatives markets regulator from September 2018 to April 2022, will advise Solidus Labs in policy development and regulatory engagement strategy, the firm announced Tuesday.
- Solidus Labs, which was founded in 2018 by former Goldman Sachs (GS) engineers and cybersecurity professionals, is a crypto security startup providing regulatory risk and compliance services.
- Stump told CoinDesk TV's "First Mover" on Tuesday that one of her personal priorities is cybersecurity and that she hopes to advance the market integrity of the digital asset industry with like-minded individuals at Solidus.
- The appointment reflects the broader trend of former top government officials taking roles at crypto firms after departing from their public service roles. Besides Stump, Solidus counts various high-profile regulators among its advisers including former CFTC Chairman J. Christopher Giancarlo and former Securities and Exchange Commission (SEC) Commissioner Troy Paredes.
UPDATE (13:30 UTC Aug. 16 2022): Adds link to Solidus announcement and reference to Stump's comments on CDTV.
DISCLOSURE
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
:format(webp)/www.coindesk.com/resizer/Wsw21Z13uYNeMwlEy09fcHX_LHw=/arc-photo-coindesk/arc2-prod/public/Z2G3HHMTVJGWRAQIH4UHCT3FEY.jpg)
Jamie Crawley is a CoinDesk news reporter based in London.
Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.
Jamie Crawley is a CoinDesk news reporter based in London.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/QCI5ET2VMRBC7HIV47677X34EY.jpg)
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/QO7ES4BDHNDFJA4VURNB32WJSY.jpg)
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/FCPNP47CRJAYRMVCEEX63GT6I4.jpg)
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/KQESWFNMUFARLKG4H7RPQJEFRI.jpg)