Wednesday, October 5, 2022

Sullivan & Cromwell’s Enforcement Practice Leans Into Cryptocurrency Boom


Sullivan & Cromwell’s Enforcement Practice Leans Into Cryptocurrency Boom | National Law Journal

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Sullivan & Cromwell logo on office wall Photo: Ryland West/ALM

ANALYSIS

As the financial sector collides with technology, the firm has won work from traditional clients such as Goldman Sachs and Wells Fargo as well as technology companies such as BlockFi.

August 26, 2022 at 03:32 PM

6 minute read

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What You Need to Know

  • Sullivan & Cromwell’s made big investments in its enforcement and criminal defense & investigations practices lately.
  • The practice has led the firm to capture work not just for large banks but also cryptocurrency platform companies.
  • The firm expects to see demand continue to ramp up for securities and anti-money laundering enforcement matters.

As corporate criminal enforcement has picked up speed under the Biden administration, government lawyers have been in high demand for the past few years.

Just look at the U.S. Securities and Exchange Commission, which continues to see lawyers leaving for private practice.

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