US Homeland Security Probes Anchorage Digital Bank, Amidst Regulatory Scrutiny

The US Department of Homeland Security’s El Dorado Task Force has launched an investigation into Anchorage Digital Bank, a Wall Street-backed cryptocurrency firm. According to a recent report by Barron’s dated April 14th, the task force has been in contact with former employees of the company, probing its practices and policies. The probe focuses on potential financial crimes within Anchorage, according to sources quoted by the publication. This investigation, which hints at cross-national financial activities, follows a previous report alleging financial irregularities.