Anand Sithian

• Representing the former CFO of a financial institution in SEC, DOJ, and FDIC inquiries and parallel civil securities laws lawsuits and associated litigation relating to the institution’s closure
• Representing the former CFO of a leading cryptocurrency trading and lending platform in DOJ, SEC, and NYAG investigations and related civil litigation
• Representing the former Chief Compliance Officer of a peer-to-peer digital assets platform in a DOJ Money Laundering and Asset Recovery Section (MLARS) investigation
• Represented major technology company in successfully resolving an SEC investigation into a cybersecurity incident and related disclosure issues, with an acknowledgement by the SEC of the client’s cooperation and enhancement of cybersecurity controls
• Represented a leading athletic apparel company in settling an SEC investigation into executive perquisites, related party transactions, and Regulation S-K compliance, with an acknowledgement of the client’s remedial measures and cooperation. 
• Advising technology companies and government contractors on SEC cybersecurity incident reporting and disclosure controls
• Representing, pro bono, a non-profit in responding to an oversight request from a Congressional committee regarding government contracts
• Obtained a rare order of nolle prosequi—a full dismissal with no admission of guilt—in a pro bono representation of an individual charged with conspiracy to commit wire fraud and money laundering, and identity theft relating in a construction-contract fraud case (S.D.N.Y.)
• Represented Asia-based consumer goods company in favorably resolving economic sanctions by the DOJ’s National Security Division (NSD) and a USAO.*
• Defended managing director of investment adviser in favorably resolving SEC enforcement investigation into undisclosed conflicts of interest; obtained complete dismissal with prejudice of parallel private civil securities fraud lawsuit*
• Represented broker-dealer in SEC investigation and settlement regarding compliance with short selling requirements (Reg SHO)*

* Matters marked with an asterisk were completed prior to joining Crowell & Moring LLP

• Advised a major health insurance provider in VSD to OFAC, resulting in a “No Action Letter” following a year-long internal investigation and advice on remediation
• Provide ongoing counseling to a major European bank on sanctions compliance, OFAC interactions, VSDs to OFAC, and an OFAC enforcement subpoena
• Advising a publicly traded fashion company on economic sanctions, anti-corruption/FCPA, Form 8300, and compliance matters
• Advising cash-management solutions provider on money transmission compliance in connection with services provided to Bitcoin ATM operators; and advised money transmission arguments resulting in dismissal of  cash seizure action
• Advising U.S. financial institutions and technology companies on SAR obligations, and sanctions due diligence, and compliance matters involving Iran, Russia, Cuba, and North Korea
• Assisted major U.S. bank with investigation into potential customer transactions involving Cuba and advised on submission of voluntary self-disclosure (“VSD”) to OFAC.
• Advised, pro bono, a nongovernmental organization on U.S. sanctions risks associated with representation of a detained individual before the European Court of Human Rights