U.S. Department Investigates Anchorage Digital Over Financial Crime Compliance

The U.S. Department of Homeland Security (DHS) is reportedly probing Anchorage Digital, a crypto bank, for potential violations in financial crime compliance. The investigation, led by the El Dorado Task Force, seeks information from former employees regarding internal practices and policies related to anti-money laundering (AML) and know-your-customer (KYC) procedures. While the specific focus of the inquiry remains unclear, sources confirm the DHS’s interest in Anchorage’s compliance processes. Anchorage has declined comment on the matter, as have the U.S. Department of Homeland Security.