Former FTX Legal Chief Forms New Law Firm Focused on Crypto Regulation

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By BitcoinWiki News

Key Takeaways:

– Ryne Miller, former general counsel of FTX, has established his own law firm called Miller Strategic Partners.
– The firm will offer regulatory and strategic advice to digital asset and blockchain firms, as well as crisis response management and regulatory guidance for trading and market industry participants.
– William Schroeder, a law professor and former partner at Sullivan & Cromwell, will join Miller as a partner in the venture.
– Miller departed from FTX in March after the exchange filed for Chapter 11 bankruptcy protection.
– More FTX executives are entering plea deals, including former co-CEO Ryan Salame, former CEO Caroline Ellison, former CTO Gary Wang, and former director of engineering Nishad Singh.
– FTX holds approximately $7 billion in assets, including $1.16 billion worth of Solana (SOL) tokens and $560 million in Bitcoin (BTC).
– FTX has gained approval to sell and invest its crypto holdings to pay back creditors.
– Justin Sun, founder of Tron Network, is considering making a bid for FTX’s assets to reduce the market impact of a sale and spur growth in the sector.


Former general counsel of FTX, Ryne Miller, has launched his own law firm called Miller Strategic Partners. The firm will specialize in providing regulatory and strategic advice to digital asset and blockchain firms, as well as crisis response management and regulatory guidance for participants in the trading and market industry. William Schroeder, a law professor who previously spent 36 years at Sullivan & Cromwell, will join Miller as a partner in the venture. Miller’s departure from FTX earlier this year comes after the exchange filed for Chapter 11 bankruptcy protection. While Miller starts his new venture, several FTX executives, including former co-CEO Ryan Salame, have entered plea deals over criminal charges related to the collapse of FTX. FTX holds approximately $7 billion in assets, including Solana tokens and Bitcoin. The judge in the US Bankruptcy Court has ruled that FTX can sell and invest its crypto holdings to pay back creditors. Justin Sun, the founder of Tron Network, is considering making a bid for FTX’s assets to mitigate market impact and stimulate growth in the sector.

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