B2C2 Hires DoJ Man
Posted by Colin Lambert. Last updated: December 8, 2021
Cryptocurrency trading firm B2C2 has named Dean Sovolos as general counsel for the Americas and head of regulatory affairs. He joins from the United States Department of Justice (DoJ), where he most recently served as a federal prosecutor in the United States Attorney’s Offices in the District of New Jersey and the Southern District of New York.
As a federal prosecutor, Sovolos led many high-profile international investigations involving terrorism, money laundering, sanctions evasions, economic espionage, cybercrime, BSA, securities fraud, and bank fraud. He has conducted numerous investigations and prosecutions with US and foreign law enforcement, intelligence services, and regulators, including OFAC, FinCEN, and the UK’s FCA.
He has also previously served in a leadership capacity at the FBI, including as associate counsel for New York Field Office, acting as a legal advisor to executive management and investigators, as well as overseeing compliance with FBI and DoJ Policy. As an FBI special agent, he was appointed to serve overseas as acting FBI assistant legal attaché, including at the US Embassies in London and Paris, and was the lead case agent on numerous high-profile extraterritorial cases.
“[Dean’s] distinguished career at the Department of Justice working in parallel with US and foreign partners and regulators will reinforce our ability to raise industry standards as we prepare for regulatory changes ahead,” says Rob Catalanello, co-CEO of B2C2. “Our product offering is fast-expanding to best meet the needs of our counterparts and we look forward to building on our position as the counterparty of choice in the global crypto market.”
Sovolos adds, “[B2C2] is pioneering a new standard in crypto liquidity provision. B2C2 is a leader in the industry and, as such, effectively navigating the complex legal and policy issues while building important partnerships will be a priority for our legal and regulatory teams.”