Coinbase has hired a former deputy director of the U.S. Securities and Exchange Commission (SEC) to lead the exchangeâs 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 exchangeâs capital markets division.
Sabella joins Coinbase at a time when the exchange has been on a recruiting drive, hiring from some of the worldâs largest companies, including Goldman Sachs.
The announcement came via Coinbaseâs chief legal officer, Paul Grewa,l on Monday.
Before joining Coinbase, Sabella had worked for the SEC for over a decade, where he initially began as branch chief at the regulatorâs Office of Trading Practices, Division of Trading and Markets, per Sabellaâs LinkedIn page.
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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.
