Coinbase Adding Lawyers, Taps New Compliance Chief Ahead of IPO

Feb. 18, 2021, 9:52 PM UTC

Coinbase Global Inc. has announced its addition of chief compliance officer Melissa Strait, the latest in a series of legal hires by the largest U.S. cryptocurrency exchange.

Strait joins Coinbase as it prepares to go public. She spent the past five years at Stripe Inc., where she was global head of financial crimes at the online payment processor, which has been busy hiring in-house lawyers in recent months.

Strait herself is not a lawyer, but her hire by Coinbase was touted by Paul Grewal, a former deputy general counsel at Facebook Inc. who joined the San Francisco-based company last summer ...

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