Hailey Lennon is a shareholder in Anderson Kill’s Technology, Media and Distributed Systems Group. A Certified Anti-Money Laundering Specialist (CAMS), she is also a member of the firm’s Regulatory, Investigations and White Collar Group. She is based in California and affiliated with Anderson Kill’s Los Angeles office. At Anderson Kill Hailey provides clients with front end advice on regulatory requirements related to FinCEN, OFAC, CFTC AND SEC. She also assists clients in obtaining state money transmitter licenses, the New York Bitlicense, Wyoming SPDI’s and National Trust and Bank Charters. Hailey also handles SEC investigations and enforcement actions concerning the cryptocurrency space.
Prior to joining Anderson Kill, Hailey was regulatory counsel at leading cryptocurrency platforms Coinbase and bitFlyer. At Coinbase, Hailey helped oversee regulatory relationships with the SEC, CFTC, OFAC and state regulators. She worked with the New York Department of Financial Services to obtain approvals for new products, services and digital assets and managed the companies’ Bitlicense and Trust Company supervisory relationships, reporting and audits. She also assisted with the Crypto Rating Counsel and reviewed securities law analysis of coins considered for listing and custody; managed external law firm relationships and lobbying efforts; obtained state lending licenses; and assisted with the launch of Coinbase’s margin product in 23 states.
Prior to joining Coinbase, Hailey helped bitFlyer Japan’s expansion into the United States, obtaining money transmitter licenses for 33 states, as well as the coveted New York BitLicense. She oversaw bitFlyer’s BSA/AML program including internal policies and procedures, training, audits, and required reporting. She also managed meetings with FinCEN, DEA and other regulatory agencies as well as the company’s strategy with respect to CFTC and SEC. Her regulatory responsibilities included response to subpoenas requesting customer information, to questions from FinCEN and OFAC, and to Attorney General requests.
During her tenure at bitFlyer, Hailey served as board secretary for the Virtual Commodity Association, a working group seeking to establish an industry-sponsored self-regulatory organization for the cryptocurrency industry.
Previously, Hailey was AVP of regulatory compliance at Silvergate Bank, a leading digital asset bank, where she conducted compliance and legal reviews for prospective cryptocurrency customers looking to bank at Silvergate.
Earlier in her career, she worked in conventional currency exchange, as a consultant at FX Depot, and as in-house counsel and director of compliance at Dolarex. Upon graduating from law school, she worked as an associate at Gordon & Rees, where her practice focused on commercial litigation, professional liability, consumer protection and employment law, and toxic tort/product liability.
Hailey is a frequent speaker at cryptocurrency conferences and is a contributing author for Forbes and Bitcoin Magazines. She is frequently quoted on cryptocurrency matters in financial and cryptocurrency media including Coindesk, Yahoo, Bloomberg and CoinCentral.