Coinbase Hires Former SEC Alum to Lead Exchange's Capital Markets Legal Work

Coinbase has been on a recruiting drive, hiring from some of the world's largest companies.

Jun 15, 2021 at 2:16 a.m. UTC
Updated Sep 14, 2021 at 1:11 p.m. UTC

Coinbase has hired a former deputy director of the U.S. Securities and Exchange Commission (SEC) to lead the exchange's legal work on capital markets.

Christian Sabella, who departed the SEC on June 2, joins the exchange as its senior director and associate general counsel of the exchange's capital markets division.

Sabella joins Coinbase at a time when the exchange has been on a recruiting drive, hiring from some of the world's largest companies, including Goldman Sachs.

The announcement came via Coinbase's chief legal officer, Paul Grewal on Monday.

Before joining Coinbase, Sabella had worked for the SEC for over a decade, where he initially began as branch chief at the regulator's Office of Trading Practices, Division of Trading and Markets, per Sabella's LinkedIn page.

Prior to his appointment at the SEC, Sabella held a role at Shearman & Sterling as a senior associate, where he specialized in over-the-counter derivatives and structured financing.

The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat Now

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.

Trending

1
First Mover Asia: USDC Hasn’t ‘Flippened’ USDT, but Trader Preferences Are Changing; Cryptos Rise Despite Bearishness

A Glassnode analyst suggests the collapse of the UST token has triggered a change in investors' stablecoin preferences; bitcoin holds above $30,000.

A Glassnode analyst suggests the collapse of the UST token has triggered a change in investors' stablecoin preferences; bitcoin holds above $30,000.

2
Musk Sets New Condition for Twitter, Citi Says Terra’s Fallout Unlikely to Hit Wider Financial System

The most valuable crypto stories for Tuesday, May 17, 2022.

The most valuable crypto stories for Tuesday, May 17, 2022.

3
Market Wrap: Cryptos and Stocks Mixed Amid Bearish Sentiment

BTC is stabilizing around $30K while stock market volatility begins to fade.

BTC is stabilizing around $30K while stock market volatility begins to fade.

4
New Data Shows Underground Bitcoin Mining Thriving in China

The U.S. has also expanded its lead in the global hashrate competition.

The U.S. has also expanded its lead in the global hashrate competition.