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Bison Trails Hires Ex-Goldman Sachs VP as Legal Head
Blockchain infrastructure provider Bison Trails has hired BlockTower Capital’s former compliance director to be its first general counsel.
Updated May 9, 2023, 3:10 a.m. Published Aug 4, 2020, 10:33 a.m.
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Bison Trails has hired BlockTower Capital’s former legal and compliance director to be its first general counsel.
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- Elizabeth Ralston will be in charge of all legal, risk, compliance and policy matters at the blockchain infrastructure startup.
- Prior to her time at BlockTower Capital, Ralston was a vice president at investment bank Goldman Sachs.
- While at BlockTower, Ralston negotiated agreements with custodians, exchanges, over-the-counter desks, software providers and other service providers. She also handled venture investments in early-stage companies.
- Ralston will tackle some of the same issues at Bison Trails, with a focus on tax implications for crypto investors participating in proof-of-stake networks.
- “Given that thoughtful regulation is integral to mass adoption, I look forward to setting a regulatory precedent that paves the way for this budding ecosystem,” Ralston said in a press statement. “I am determined to fiercely advocate for this transformative industry and effectively engage with regulators on behalf of Bison Trails.”
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Specialized AI detects 92% of real-world DeFi exploits
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What to know:
- A purpose-built AI security agent detected vulnerabilities in 92% of 90 exploited DeFi contracts ($96.8 million in exploit value), compared with 34% and $7.5 million for a baseline GPT-5.1-based coding agent running on the same underlying model.
- The gap came from domain-specific security methodology layered on top of the model, not differences in core AI capability, according to the report.
- The findings come as prior research from Anthropic and OpenAI shows AI agents can execute end-to-end smart contract exploits at low cost, accelerating concerns that offensive AI capabilities are scaling faster than defensive adoption.
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