On May 29, 2025, the Securities and Exchange Commission’s Division of Corporation Finance (“Corp Fin”) issued a Statement on Certain Protocol Staking Activities. The staff-level guidance addresses the staking of “Covered Crypto Assets” (described below) on networks that use proof-of-stake (“PoS”) as a consensus mechanism and opines, contrary to the
The United States Department of Justice (DOJ), the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC) have now issued guidance to corporations providing concrete benefits that companies, their shareholders, boards, and customers can earn by voluntarily self-reporting misconduct to the DOJ. DOJ Corporate Enforcement and Voluntary
In a Reuters Legal News article titled “Is now the time to seek relief from SEC industry bars and professional suspensions,” Victor Suthammanont writes that the Securities and Exchange Commission (SEC) has shown a recent willingness to grant relief to securities industry participants who have previously been permanently barred from
Kostelanetz partners Sharon McCarthy and Victor Suthammanont co-wrote an article for Bloomberg Law titled “DOJ’s New Crypto Crime Guidance Muddies the Prosecutorial Waters.” In the article, Sharon and Victor detail concerns about the Department of Justice’s (DOJ) April 2025 memo regarding cryptocurrency and digital asset enforcement, which sets objectives that
Kostelanetz partner Victor Suthammanont will speak at the American Academy of Attorney-CPAs (AAA-CPA) 2025 Annual Meeting and educational conference, which will be held from June 11 to 14, 2025, in Washington, D.C. Victor’s session — on Friday, June 13, from 1:15 to 2:15 p.m. — is titled “Examining the Change
The New York Law Journal recently highlighted the news that Victor Suthammanont joined Kostelanetz LLP as a partner after serving at the Securities and Exchange Commission (SEC) for more than a decade. The article details Victor’s time at the SEC, where he rose from Senior Trial Counsel to Enforcement Counsel
NEW YORK (March 31, 2025) — Kostelanetz LLP is excited to welcome Victor Suthammanont as a partner in the New York City office. Coming off a decade-long stint at the Securities and Exchange Commission (SEC), where he served as a Senior Trial Counsel and, more recently, as Enforcement Counsel to then-SEC Chair Gary
