Cahill Hires Three for New Crypto-Focused Office in Delaware (1)

Cahill Gordon & Reindel is opening a new office in Wilmington, Delaware as it expands its cryptocurrency practice with three new partners, the firm announced Wednesday.

Lewis Rinaudo Cohen, Gregory Strong and Sarah Chen are joining the firm as partners in the firm’s digital assets and emerging technologies practice, which has been renamed CahillNXT. The trio are joining from DLx Law, a crypto and fintech law firm.

“We wanted to create the crypto legal dream team,” Samson “Sam” Enzer, who will co-chair CahillNXT, said in an interview. “We are not everything to everyone, but we are the lawyers who handle their most challenging situations.”

Cahill, a New York law firm known for its work in capital markets and banking, is among the legal operations that have benefited from their embrace of cryptocurrency. The firm is representing Binance Holdings Ltd., the world’s largest crypto exchange by volume, in several matters, including a 2023 securities lawsuit.

Enzer, a former federal prosecutor who started Cahill’s cryptocurrency and fintech practice in 2021, is representing Binance and its co-founder and former CEO, Changpeng Zhao, in litigation related to the collapse of FTX.

Strong, a former deputy attorney general in the Delaware Justice Department, will lead the new office, which is the firm’s fourth after New York, London and Washington.

Cohen, a co-founder of DLx and former Hogan Lovells and Clifford Chance partner, will co-chair CahillNXT with Enzer.

CahillNXT aims to be “A+" in its ability to give regulatory, structuring and other guidance to projects, handle enforcement defense and provide Wall Street-level capital markets advice, Cohen said. By moving to Cahill, “we’re going to help shape and make the law, and that’s why I want to be here,” he said.