
The legal firm Milbank is facing backlash from the cryptocurrency community following its association with Gurbir Grewal, a former SEC Enforcement Director. Critics argue that Grewal's aggressive enforcement actions against crypto firms have led to a widespread call for a boycott of Milbank. Several voices within the crypto sector have publicly stated that they will not engage with Milbank, describing it as a firm that should be blacklisted due to its perceived complicity in anti-crypto actions. The sentiment is echoed by various industry stakeholders, who are urging crypto companies to avoid hiring Milbank and to reconsider any existing relationships with the firm.
Crypto investors should blanket ban all deals with companies represented by Milbank. That firm should lose 100% of this sector’s business and hopefully all of its tech business as well. Gurbir Grewal is a scumbag. Only remedy is a commercial fatwa. https://t.co/cdmzRC9lBC
Adding @MilbankLaw to the list of firms I’ll never hire https://t.co/yLk6FETNRT
It is not merely crypto law community who appreciates how much @GurbirGrewalNJ reached vastly beyond the point where normal SEC Enforcement Directors stretch their discretion. His record is seen as an aberration even among regular crypto-skeptical attendants of ABA securities law… https://t.co/AYydGvv9xI
