A former employee of the US Securities and Exchange Commission (SEC) Christian Sabella joined the Bitcoin exchange Coinbase. This was announced by the chief lawyer of the company Paul Grewal.
According to the agency's website, Sabella has been with the agency since 2011. Before that, he served as Senior Associate at Shearman & Sterling. In January 2021, he was named Acting Director of the SEC's Trade and Markets Division.
At Coinbase, the former official is set to lead legal work in the capital markets.