Coinbase Chief Legal Officer Paul Grewal is leaving the company following its high-profile, years-long legal battle with US regulators, and the US exchange also announced further changes to its senior leadership.
Grewal is leaving to work at a startup, according to a Thursday announcement from Coinbase. Molly Abraham will now lead the company’s legal team as general counsel, and Ryan Van Grack will become vice chairman in what is expected to be a broader and more public-facing role.
“Leading Coinbase’s legal team through the biggest battle in our industry has been the single greatest accomplishment of my six-year tenure,” Grewal said in a statement. “Our legal wins helped ensure that crypto not only had a future in this country, but could flourish.”
His statement went on to say that he would continue as an advisor to Coinbase and would work on Coinbase’s trust charter work through the Office of the Comptroller of the Currency.
Abraham has been with Coinbase since March 2021, running multiple legal teams as the company’s vice president of legal. Before that, she was general counsel at an electric flying car startup, according to her LinkedIn.
