Prominent New York white-collar defense attorney Marc Mukasey is making a significant career move. The seasoned lawyer, known for handling high-profile cases in the crypto space, is shutting down his independent practice to join Seyfarth Shaw, a major law firm.
Mukasey's career highlights tell the story of someone deeply embedded in crypto's biggest moments. He's previously represented Trump's business interests and notably worked on the defense side for FTX co-founder Sam Bankman-Fried. His decision to consolidate into a larger firm signals shifting dynamics in how legal talent is consolidating in the blockchain and Web3 sector.
The move reflects broader trends where boutique practices are merging with established firms to handle the increasingly complex regulatory and litigation landscape surrounding digital assets and crypto firms.
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HackerWhoCares
· 6h ago
Even top lawyers have to bow their heads and rely on big firms, this is the reality of Web3.
Handling the SBF case, their courage is really big, but in the end, they still have to stick together for warmth.
Legal battles in the crypto circle are becoming more and more complex; small workshops really can't handle it.
This guy, from Trump to FTX, isn't afraid of any big case, but now he still has to find a backer... Interesting.
When the regulatory storm hits, individual practitioners really can't withstand it. Long live collectivism.
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RektButSmiling
· 7h ago
Haha, this guy finally can't sit still anymore. Only a big law firm can handle this kind of mess.
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ZKProofEnthusiast
· 01-07 19:50
Oh no, even big lawyers are starting to band together. It seems that the crypto scene is getting more and more complicated.
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StrawberryIce
· 01-05 14:38
Damn, even Mukasey has to latch onto a big firm. What does this indicate? The big firms have truly become the only way out in the crypto world.
Speaking of which, SBF's lawyers are switching firms; that must be really heartbreaking.
The market in Web3 has been unpredictable these past two years, even top lawyers are choosing sides.
Is Mukasey’s move a sign that he sees through something?
Small firms can't handle the pressure anymore. I’ve been saying regulatory pressure is intensifying.
They’ve long seen that the era of small but elite firms is coming to an end.
This guy has seen too many big scenes; now he still has to rely on big firms for backing... Ironic, isn’t it?
Actually, it’s a sign of ecosystem maturity, but it also seems like they’re fleeing from something.
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quiet_lurker
· 01-05 14:38
Big firm lawyers are starting to band together, leaving smaller ones with even fewer opportunities.
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SchrodingersPaper
· 01-05 14:33
Huh? Mukasey has joined a big firm? The legal world in the crypto circle is really about to change...
That mess at FTX can be handled by anyone, this guy has no fear. Maybe he joined Seyfarth Shaw to lean on a big tree and stay cool.
Boutique practices can't hold on anymore, which means one thing — a regulatory storm is coming, brother.
Wait... if he hands over all the information he has to the big firm, what will happen to us small investors...
Is this a good thing or a bad thing? I really can't tell.
So, the golden age of Web3 is over, and now we're just waiting to be harvested.
Why does it feel like everyone is preparing for the night before the big storm...
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OnchainDetectiveBing
· 01-05 14:15
Oh no, the big lawyers are starting to band together. It seems this circle is really about to change
Even with the SBF case being so big, it still has to rely on the major firms for support
No matter how awesome boutique firms are, they can't compete with this system...
Mergers are the trend; the era of scattered soldiers and lone wolves is over
Prominent New York white-collar defense attorney Marc Mukasey is making a significant career move. The seasoned lawyer, known for handling high-profile cases in the crypto space, is shutting down his independent practice to join Seyfarth Shaw, a major law firm.
Mukasey's career highlights tell the story of someone deeply embedded in crypto's biggest moments. He's previously represented Trump's business interests and notably worked on the defense side for FTX co-founder Sam Bankman-Fried. His decision to consolidate into a larger firm signals shifting dynamics in how legal talent is consolidating in the blockchain and Web3 sector.
The move reflects broader trends where boutique practices are merging with established firms to handle the increasingly complex regulatory and litigation landscape surrounding digital assets and crypto firms.