Photo of Stephen R. Chuk

Stephen Chuk is a senior counsel in Proskauer’s Antitrust and Sports Groups. He advises companies in complex multidistrict litigation, cartel cases, and compliance matters. Stephen also counsels individuals and corporate clients facing criminal and regulatory investigations by the U.S. Department of Justice, Federal Trade Commission, and state attorneys general.

Stephen has extensive experience advising on antitrust matters involving alleged claims of price fixing, monopolization, group boycott, and bid rigging across a wide range of industries, including fintech, sports, agriculture, and health care.   In addition, he advises on consumer protection matters involving marketing practices and false advertising.

The tide of regulation of cryptocurrency and blockchain could be turning in the United States. Following comments by newly-confirmed Treasury Secretary (and former Federal Reserve Chair) Janet Yellen describing Bitcoin as “inefficient” and “extremely volatile,” the price of the coin dropped 10% in 24 hours. During her confirmation hearings, Yellen