BlockBeats News, May 15th, According to CoinDesk, Nathan McCauley, CEO of the crypto bank Anchorage Digital, refuted reports during the Toronto Consensus 2025 conference that the company is under investigation by the U.S. Department of Homeland Security (DHS), stating that the reports are "purely baseless." Previously, Barron's had reported that a DHS sub-unit's anti-money laundering working group was reaching out to former employees of the company to understand its business operations. McCauley stated that the company had conducted a legal review and confirmed that there is no investigation.
Anchorage Digital is known for its strict compliance and had just received a BitLicense from the New York State Department of Financial Services (NYDFS) in December of last year, which is one of the most difficult regulatory licenses to obtain in the crypto industry.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.