Michael Leto is a Managing Director with Alvarez & Marsal in New York and Co-Head of A&M Crypto, the firm’s dedicated digital assets advisory platform. He brings over 20 years of financial advisory experience focused on operational transformation, interim leadership, and complex situations across financial services and digital assets, including serving as Interim Chief Financial Officer of Lehman Brothers Holdings Inc. during a period of extraordinary financial and operational complexity. Michael focuses on advising across the digital asset ecosystem, including digital asset treasury companies, crypto banking and stablecoin advisory, and digital asset investment strategies, as well as centralized and decentralized exchanges, crypto trading and derivatives, lending, custody, decentralized finance (DeFi), regulatory frameworks and settlements, know-your-customer and anti-money laundering (KYC/AML) programs, financial planning and analysis, accounting, and global tax considerations. He has led several of the industry’s most complex restructurings, including Genesis Global Holdings and Terraform Labs, and currently serves as a key advisor to the FTX Post-Effective Date Trust.
