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· Block.one names Lee Schneider, who led McDermott Will & Emery's fintech practice, general counsel

Block.one Names Lee Schneider General Counsel

Block.one appointed FinTech lawyer Lee Schneider as its global general counsel on May 8, 2018, effective June 4, 2018, after he led the fintech and broker-dealer practices at McDermott Will & Emery.

Updated on 2 min read · 3 sources

The move at a glance

The Moves Ledger, event W0302
Who
Lee A. Schneider
Role
General CounselTop manager
Organization
Block.one
In or out
InAppointed General Counsel
Became public
The first dated public source, UTC
A corridor with geometric floor tiles and natural light through glass panels
A corridor with geometric floor tiles and natural light through glass panels. Photo · Pexels
“Block.one named Lee Schneider, a lawyer who co-hosted a biweekly podcast with former SEC commissioner Troy Paredes, its general counsel on May 8, 2018. Does a general counsel with ties to a former regulator change how a company deals with regulators?”

Block.one named Lee Schneider its global general counsel on May 8, 2018, effective June 4, 2018. The company, which the announcement called "the world's largest blockchain developer and author of the EOSIO software," said Schneider would be “responsible for all of the company's legal affairs and will be involved in its regulatory and compliance initiatives”1.

Four leadership moves at Block.one on the record since 2018

Every move CryptoLately has verified there, by the day it became public

    Moves: The Moves Ledger, CryptoLately's record of verified leadership moves, Oct. 3, 2016 to Oct. 2, 2026.

    Read the chart as a table
    DateEvent
    May 8, 2018Schneider became General Counsel. Lee A. Schneider was named General Counsel of Block.one
    May 13, 2018Jesudason became COO. Rob Jesudason was named Group President and Chief Operating Officer of Block.one
    Jan. 10, 2021Larimer left as CTO. Daniel Larimer left as Chief Technology Officer of Block.one
    May 27, 2021Schneider left as General Counsel. Lee A. Schneider left as General Counsel of Block.one

    Eight executive hires on the record in 2018

    Executive hires CryptoLately has verified, by year

    • 2018: 8
    • 2017, 2019, 2020, 2021, 2022, 2023, 2024

      Moves: The Moves Ledger, CryptoLately's record of verified leadership moves, Oct. 3, 2016 to Oct. 2, 2026.

      Read the chart as a table
      ItemValue
      20172
      20188
      201911
      202012
      202127
      202237
      202320
      202439

      The hire

      Chief executive Brendan Blumer tied the hire to Schneider's range across the industry. “Lee's unique legal expertise and leadership in blockchain makes him an ideal fit for our business,” Blumer said. “His background spans many of the most important companies and projects in the space and he has practical experience on both the technology itself and its real-world applications. We are thrilled to welcome him to the team”1. Schneider answered in kind. “I'm excited to join at this critical moment in the development of blockchain technologies,” Schneider said. “Block.one is a diverse business with grand ambitions and unprecedented growth potential, and I look forward to contributing to the firm's successes”.

      Block.one before and after

      Schneider joined Block.one from McDermott Will & Emery, where the release said he "led both the Fintech and broker dealer practices"1. BlockTribune's independent report ran on May 14, 2018. It confirmed the mandate Block.one had announced, saying Schneider “will be responsible for all of the company's legal affairs and will be involved in its regulatory and compliance initiatives”2. Outside his law firm work, Schneider co-hosted a podcast. The biweekly show, Appetite for Disruption, paired him with former SEC commissioner Troy Paredes. He had also contributed to a securities-law framework for blockchain tokens that Coinbase developed, the release said. Schneider holds a Juris Doctor from American University's Washington College of Law and a bachelor's degree in economics from the University of Michigan.

      What came next

      Schneider stayed at Block.one for three years. Ava Labs announced on May 27, 2021, that he had joined it as its first general counsel, and its post said that at Block.one he had played a key role in the company's token sale and several of its major projects3.

      Sources

      1. "Block.one Onboards Industry Leader Lee A. Schneider as General Counsel," Block.one via PR Newswire, May 8, 2018, https://www.prnewswire.com/news-releases/blockone-onboards-industry-leader-lee-a-schneider-as-general-counsel-300644127.html
      2. Bruce Haring, "Blockchain Developer Block.one Adds Lee A. Schneider As General Counsel," BlockTribune, May 14, 2018, https://blocktribune.com/blockchain-developer-block-one-adds-lee-a-schneider-as-general-counsel/
      3. Ava Labs, "Crypto Legal Expert Lee Schneider Joins Ava Labs as First General Counsel," Medium, May 27, 2021, https://medium.com/avalancheavax/crypto-legal-expert-lee-schneider-joins-ava-labs-as-first-general-counsel-83471ad585c0

      Cite this piece

      Ryan Elliott Dennis, "Block.one Names Lee Schneider General Counsel," CryptoLately, May 8, 2018, https://cryptolately.com/articles/block-one-names-lee-schneider-general-counsel

      Tags: Block.one · Lee Schneider · EOSIO · blockchain law

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