Wake Up Call: Crypto-coin Co. Hires Ex-SEC Chief to Fight Fraud Suit

• Cybercurrency company Ripple Labs hired former SEC chair Mary Jo White and her ex-enforcement chief at the agency, Andrew Ceresney, both now partners at Debevoise, to advise the company alongside Skadden in a private investor suit that alleges Ripple’s XRP tokens are unregistered securities. ( The Recorder )

• Milbank said it will boost associate pay by $10,000 for lawyers in their first three years, and by $15,000 thereafter. The move, which pushes the salary for starting associates to $190,000, up from the $180,000 bar that Cravath set in 2016, is to better compete in the market for talent, said Scott A. Edelman, Milbank’s ...