The El Dorado Task Force under the U.S. Department of Homeland Security has recently launched an investigation into Anchorage Digital Bank.

WuSaidBlockchainW · 2025-04-14T16:18:57+00:00

The U.S. Department of Homeland Security's El Dorado task force has launched an investigation into Anchorage Digital Bank, focusing on the company's policies and operations, with details of the investigation still unclear. Anchorage is composed of regulatory professionals and bank executives, primarily providing encryption asset services to institutions and governments. Investors include Goldman Sachs, a16z, KKR, and Wellington Management, and it was previously designated by BlackRock as the custodian for the encryption ETF.

WuSaidBlockchainW

2025-04-14 16:18:57

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According to Barron’s, the El Dorado Task Force under the U.S. Department of Homeland Security has recently initiated an investigation into Anchorage Digital Bank, contacting several former employees to understand the company’s policies and operations, although the specifics of the investigation remain unclear. Anchorage is managed by a team composed of former regulators and traditional banking executives, primarily providing encryption asset custody and trading services to institutions and governments, with investors including Goldman Sachs, a16z, KKR, and Wellington Management. Previously, Anchorage was designated by BlackRock as its encryption ETF custodian.

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