Biden Senior Aide’s Role Limited on Some Crypto, Tech Firms

04/23 07:09

According to Bloomberg, U.S. President Joe Biden will bar his new communications director from participating in legal matters, investigations, or contracts involving cryptocurrency or technology firms he previously represented, including Meta Platforms Inc., venture capital firm Haun Ventures LLC, and Shopify Inc. But Ben LaBolt, who joined the administration last month, will be allowed to advise on the president’s approach to regulating cryptocurrency and social media companies, the White House said Friday. LaBolt also counts cryptocurrency exchange Uniswap and Andreessen Horowitz, an early investor in industry giant Coinbase Global Inc., among his former clients at his communications firm, according to an ethics disclosure released Friday.
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