A lawyer specialising in issues arising from blockchain investments has joined the New York office of Washington, DC-headquartered Crowell & Moring, as head of the blockchain and digital assets practice.
Michelle Gitlitz was hired from Blank Rome, where she spent 15 years as a securities lawyer and founded the blockchain technology and digital currencies group, of which she was also co-leader.
Her practice includes the aspects of coin and token offerings, digital currency exchanges and other aspects of blockchain technology, including risk and regulation at federal and state level.
Crowell & Moring chair, Philip Inglima, said in a statement: “Gitlitz’s innovative practice will be of great value to our technology and financial services clients, as well as any client launching or changing its business to adapt to emerging technology trends.”
In particular, he highlighted her “work with payment companies in the cryptocurrency space, blockchain nodes, mining and staking operations, coin/token issuers, and cryptocurrency hedge funds give her the ability to translate complex technical issues to clients and regulators to achieve stellar results for her clients”.
Gitlitz herself said: “Business is changing rapidly due to the invention and adoption of innovative technology. Clients need law firms that understand these changes and can assist both emerging and established companies with implementing technological solutions in an efficient and legally compliant manner.”
New York managing partner Glen McGorty commented: “As someone who saw the blockchain and digital asset wave coming early on, Michelle’s experience bolsters our ability to advise clients on blockchain and other distributed-ledger technology.”
In July this year, another lawyer who got into blockchain regulation early, Joshua Klayman, was hired by Linklaters.
In October, an in-house lawyer formerly of Blackrock and Goldman Sachs joined cryptocurrency company Blockchain as its general counsel.