AIxCrypto has appointed Andrew Grossman as its new Head of Legal, responsible for overseeing disclosures, compliance, governance, and regulatory matters related to digital assets under the US Securities and Exchange Commission (SEC). The announcement was made by Faraday Future founder Jia Yuting via social media. Grossman previously served as a partner at the Baker Hostetler law firm, where he led teams handling appeals and major legal filings. AIxCrypto operates in the blockchain and cryptocurrency sector, trading under the stock code AIXC. The company is placing strong emphasis on strengthening legal affairs and regulatory compliance amid tightening legislation around cryptocurrencies and digital assets in the United States. The SEC has increased its scrutiny of the crypto market, implementing various measures to ensure investor protection. This appointment is viewed as a strategic move to bolster AIxCrypto’s legal framework and prepare for potential future challenges. Given the growing regulatory landscape in the crypto industry, securing experienced legal professionals has become essential for companies to comply with domestic and international laws and maintain a strong market position. AIxCrypto’s legal team is expected to play a crucial role in restoring market confidence and supporting the company’s growth, particularly as the US government intensifies oversight of the cryptocurrency sector. This step will also reassure investors and partners that the company is committed to fulfilling its legal and regulatory responsibilities diligently.
Source: binance
