Former SEC official joins Veda as General Counsel amid DeFi expansion

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Veda protocol has appointed former SEC senior counsel TuongVy Le as general counsel, weeks after securing $18 million in venture capital funding.

Decentralized finance platform Veda has appointed a former US Securities and Exchange Commission (SEC) official to its ranks as it ramps up efforts to expand crosschain yield products aimed at institutional investors.

TuongVy Le, who spent nearly six years at the SEC as chief counsel and senior adviser in the Enforcement Division and the Office of Legislative and Intergovernmental Affairs, has joined Veda as general counsel, the company announced Tuesday.

During her SEC tenure, Le advised Congress on early drafts of digital asset legislation and served on the Commodity Futures Trading Commission’s (CFTC) Global Markets Advisory Committee.

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