Anchorage Digital Under Investigation: Crypto Industry Reacts to Department of Homeland Security Probe

The cryptocurrency industry is experiencing a wave of uncertainty following the unexpected investigation launched by the Department of Homeland Security (DHS) into Anchorage Digital, a prominent US-based crypto bank valued at over $3 billion. The news triggered a decline in Bitcoin prices, dropping below $84,500. 2022 saw the OCC issue a warning regarding Anchorage’s compliance with Bank Secrecy Act and anti-money laundering (BSA/AML) requirements.