After serving as Senior Counsel in the SEC’s Division of Enforcement, investigating and prosecuting complex matters involving violations of the federal securities laws, Philip Moustakis has joined Seward & Kissel as counsel. The Hedge Fund Law Report recently interviewed Moustakis in connection with his move. This second article in our two-part series summarizes his thoughts on enforcement trends in general and in the digital asset space specifically, as well as on whistleblowers. The first article explored Moustakis’ experience in the government, as well as the regulatory approach to digital assets and blockchain. For commentary from other Seward & Kissel attorneys, see our two-part series “The SEC Is Calling”: What CCOs Should Expect During Initial Communications With OCIE Examiners (Sep. 13, 2018); and How CCOs Can Stay Prepared for Initial Communications With OCIE Examiners (Sep. 20, 2018); as well as “HFLR and Seward & Kissel Webinar Explores Common Issues in Negotiating and Monitoring Side Letters” (Nov. 10, 2016).