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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.

By Jamie Crawley
AccessTimeIconAug 16, 2022 at 10:10 a.m. UTC
Updated May 11, 2023 at 4:18 p.m. UTC
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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.

Read more: CFTC Would Become Primary Crypto Regulator Under New Senate Committee Plan

UPDATE (13:30 UTC Aug. 16 2022): Adds link to Solidus announcement and reference to Stump's comments on CDTV.

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CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Jamie Crawley
Jamie Crawley

Jamie Crawley is a CoinDesk news reporter based in London.

Follow @JamieCrawleyCD on Twitter

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