Anchorage Digital probed by top US AML task force, report
The US Department of Homeland Security’s “El Dorado Task Force” is reportedly investigating crypto bank Anchorage Digital and is probing company employees over the bank’s practices and policies. That’s according to news outlet Barron’s, which cites unnamed sources familiar with the inquiry. The nature of the inquiry is currently unclear, and both the US Homeland Department and Anchorage declined Barron’s request for comment. Anchorage was the first federally chartered crypto bank in the US and partnered with Cantor Fitzgerald last month on its bitcoin (BTC) financing business. Crypto bank Anchorage on notice over lax money laundering protections Read more: MANTRA CEO says ‘reckless’ exchanges caused OM token collapse In 2022, the US banking watchdog put Anchorage on notice for failing to meet various anti-money laundering (AML) regulations. The crypto firm neither admitted nor denied the allegations , which included failing to monitor suspicious activity, a...