Law Firm Perkins Coie Taps CFTC Veteran for Blockchain Practice

Article by · November 8, 2018 ·

Kari Larsen, who is a former executive at bitcoin derivatives startup LedgerX and also a former counsel for the Commodity Future Trading Commission (CFTC), has become a member of Perkins Coie LLP.

Larsen was on Tuesday announced as a partner for the company’s Blockchain Technology and Digital Currency industry group, Perkins Coie.

“Kari brings to bear a deep knowledge of derivative exchange platforms and the commodities sector to represent traders and CFTC registered entities focused on launching innovative products, including cryptocurrency products,” the industry group’s chair, J. Dax Hansen, mentioned in a comment.

Larsen worked as counsel for New York-based Reed Smith LLP not quite long. Her LinkedIn bio reveals that Larsen’s remit at Reed Smith consists of cases that have to do with initial coin offerings (ICOs) or token sales. She worked as a general counsel, chief regulatory officer, and chief compliance officer at LedgerX, and also served between 1997 and 2000 as a counsel in the CFTC’s Division of Enforcement.

Larsen stated in an interview that her period at the CFTC left her with a lasting impression, commending the agency for being “sophisticated and nimble” when it has to investigate new products and markets.”It’s a joy to work with the staff of the CFTC, in my opinion. I look forward to doing more as we look at these challenging aspects to these products [blockchain],” she clearly stated.

According to Larsen, her interest in the upcoming markets is what drew her attention towards blockchain and law that are crypto-related in the first place, narrating to the press:

“I’ve always enjoyed working with markets as they’re emerging and really facing the challenges for creative solutions and yet still having the comfort and security of being within a regulated market.”

The statement of the newly employ comes just weeks following the company’s employment of a former NYDFS attorney, Dana Syracuse who assisted in the state’s cryptocurrency regulations development and also the employment of former SEC Branch Chief Valerie Dahiya. The two have both become members of the company’s blockchain industry group.

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