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Justin Wales replaces Nick Lundgren as Crypto.com CLO
Crypto.com has named Justin Wales as the company’s new Chief Legal Officer (CLO) after former CLO of Crypto.com and CEO of OG.com, Nick Lundgren, announced his departure.
Lundgren had worked with the company since 2020 and revealed last week that he had made the decision to resign from both of his positions.
Lundgren stated:
“Since joining in 2020, it has been an incredible privilege to help build Crypto.com’s industry-leading regulatory resume from ground zero – securing the most comprehensive sets of licenses and registrations globally, including numerous firsts. Crypto.com is exceptionally positioned for continued growth. I remain an eternal optimist and a strong supporter of Crypto.com’s mission.”
Wales, who joined Crypto.com back in January 2022 as head of legal for the Americas, will replace Lundgren.
Wales commented:
“Very honored to announce that I am taking over as the Chief Legal Officer for Crypto.com. More than four years ago, I joined CDC. In time, I have seen firsthand what a talented group of A+ players can do when working toward a common goal. I have enough data points to have no doubt that the CDC legal team is the absolute best in the business. From crypto to prediction markets to banking to AI, it has been a real pleasure to be able to help implement an innovation-first strategy. My goal in this role is to continue operating at that standard.”
Before joining the company, Wales served as the chair of the blockchain and virtual currency practice group at Carlton Fields and worked as a partner at K&L Gates.
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