PayPal seemingly got a 'Conditional BitLicense' ... then a full BitLicense while PayPal's customer money sits at Wells Fargo. Meanwhile, Cromwell was also representing FTX. The Superintendent is a former Cromwell attorney. Gunnar ----- Banking Group Of The Year: Sullivan & Cromwell https://www.law360.com/banking/articles/1787617?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-01-30&read_main=1&nlsidx=0&nlaidx=4 By Jon Hill Sullivan & Cromwell LLP's attorneys steered a stricken Credit Suisse into the arms of UBS for the biggest bank merger since the 2008 financial crisis and helped Wells Fargo reach a record-setting $3.7 billion settlement with the Consumer Financial Protection Bureau, earning the firm a spot among Law360's 2023 Banking Groups of the Year. Read full article » https://www.law360.com/banking/articles/1787617?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-01-30&read_more=1&nlsidx=0&nlaidx=4 | Save to favorites » https://www.law360.com/banking/articles/1787617?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-01-30&read_later=1&nlsidx=0&nlaidx=4