Our Whistleblower Practice

Blockchain, cryptocurrency

The Need for Whistleblowers in Cryptocurrency

      Bitcoin and other cryptocurrencies have seen staggering price surges and have exploded in popularity in recent years. The sudden emergence of cryptocurrency trading has caught the attention of the federal government. While the IRS, SEC, OCC, and other regulatory agencies seek to tax and control the flow of digital currencies, Uncle Sam has been unable to keep up with the rapid growth of the market. Despite several public statements warning crypto investors about their legal obligations, the market remains a Wild West of fraud, market manipulation, and tax evasion.

      Cracking down on illegal activity in the crypto market will not be an easy task for the feds. Multiple federal agencies have established special task forces to enforce tax and securities laws, but they will undoubtedly fall well short of bringing meaningful oversight to cryptocurrency in the near-term. Due to the inherent lack of transparency in the market, the government needs whistleblowers on the inside to come forward to report violations.

      Whistleblowers allow the federal government to protect the public and collect billions of dollars in taxable revenue. In addition to fulfilling their civic duty, whistleblowers may be entitled to receive a substantial share of the government’s recovery as a reward for their assistance. A tip leading to a successful enforcement action by the IRS, SEC, or Commodity Futures Trading Commission (“CFTC”) can entitle a whistleblower to 15 to 30 percent as a reward. 

      If you are a cryptocurrency investor or employee with information of a violation, our team of experienced whistleblower lawyers can help you formulate your claim and guide you through the process of becoming eligible for a reward.

      Follow the links below to learn more about how we can help you report wrongdoing and earn a whistleblower reward:

Helping you navigate a complex legal frontier

      When reporting a case of fraud, market manipulation, or tax evasion to the federal government, it’s important to have the guidance of a group of experienced whistleblower attorneys. Government whistleblower programs, particularly those pertaining to complex financial matters, are often difficult to navigate without the aid of skilled attorneys who understand the nuances of tax and securities laws. The attorneys at Loevy and Loevy know how to maximize your chances of succeeding and obtaining a financial reward. To put our whistleblower experience on your side, call 312-243-5900 or contact us online. 

Contact us today

      Whether you are ready to take action or still considering your options, call us today. Our consultations are free and completely confidential.  

Our Team

Michael Kanovitz, attorney

Michael Kanovitz

Anand Swaminathan

Anand Swaminathan

 Michael Kanovitz is a partner at Loevy & Loevy where he concentrates in  constitutional law, and whistleblower protection. His cases have resulted in verdicts and settlements of over $250 million to his clients.

Anand Swaminathan, attorney

Anand Swaminathan

Anand Swaminathan

Anand Swaminathan

Anand Swaminathan joined Loevy & Loevy in 2010 and is now a partner at the firm. Anand  represents whistleblowers in financial fraud cases under the Dodd-Frank financial reform bill, and in complex fraud cases under other federal and state statutes. Following his graduation from Harvard Law School, Anand clerked for Judge Theodore H. Katz of the United States District Court for the Southern District of New York. 


Dan Twetten

Anand Swaminathan

Dan Twetten

 Dan Twetten is a partner at Loevy & Loevy. He handles complex litigation on behalf of businesses, individuals, and non-profits. Dan also represents whistleblowers under the False Claims Act and other anti-fraud measures. He graduated cum laudefrom Northwestern University School of Law and served as a judicial law clerk to Judge Tallman on the US Court of Appeals for the Ninth Circuit.