Market News

Former Crypto and Banking Executive, Brooks, Rejoins Prominent Law Firm O’Melveny for New Ventures

Banking, Brooks, Crypto, Executive, Firm, Law, OMelveny, Prominent, Rejoins, Ventures






Former Coinbase Executive Brian Brooks Returns to Law Firm O’Melveny & Myers

Former Coinbase Executive Brian Brooks Returns to Law Firm O’Melveny & Myers

O'Melveny & Myers Law Firm

Introduction

Sept 12 (Reuters) – Brian Brooks, a former banking and financial technology executive and regulator, has returned to law firm O’Melveny & Myers. Brooks previously served as acting U.S. Comptroller of the Currency and has worked at companies including Coinbase and the U.S. affiliate of Binance.

Brooks Joins O’Melveny & Myers

O’Melveny & Myers announced on Tuesday that Brian Brooks has joined the firm as a partner in Los Angeles and Washington, D.C. Brooks had previously practiced at O’Melveny for 17 years until 2011, where he founded the firm’s financial services group and was managing partner of its Washington office.

Brooks’ Career Highlights

  • Brian Brooks has held top business and legal leadership roles at companies including OneWest Bank, Fannie Mae, and Coinbase.
  • He worked as the chief executive of the U.S. arm of global cryptocurrency exchange Binance before resigning in August 2021.
  • He later served as the chief executive of blockchain company Bitfury and as a board member of the Federal Deposit Insurance Corporation.

Brooks’ Role at O’Melveny & Myers

Brian Brooks aims to help the ecosystem of financial innovators and provide better service to companies in areas like securities, litigation, and banking. He will advise clients across the banking and traditional finance, fintech, and cryptocurrency sectors, and hopes to facilitate their interactions with clients in other sectors.

Brooks expects to work on various matters including litigation, monitorships and enforcement actions, and banking transactions for technology companies.

Valor Capital Group

Valor Capital Group, the venture capital firm where Brooks most recently worked, did not immediately respond to a request for comment on his departure.

Conclusion

Brian Brooks’ return to O’Melveny & Myers brings his extensive experience in banking, financial technology, and regulation to the law firm. His role will involve advising clients in various sectors and helping to solve problems and break down barriers.

Read more: Binance U.S. CEO Brooks resigns just three months into job

Our Standards: The Thomson Reuters Trust Principles.

Sara Merken reports on the business of law, including legal innovation and law firms in New York and nationally.


Leave a Comment