Anchorage Digital Denies DHS Investigation, Reaffirms Compliance

Anchorage Digital, a prominent crypto bank, has vehemently denied reports suggesting that it is under investigation by the U.S. Department of Homeland Security (DHS). During the Toronto Consensus 2025 conference, Nathan McCauley, the CEO of Anchorage Digital, addressed these allegations, categorically stating that the reports are "purely baseless."

McCauley's statement comes in response to earlier reports that a sub-unit of the DHS, focusing on anti-money laundering, had been reaching out to former employees of Anchorage Digital to gather information about the company's operations. The CEO clarified that the company had conducted a thorough legal review and confirmed that no such investigation is underway.

Anchorage Digital is renowned for its stringent compliance measures and had recently secured a BitLicense from the New York State Department of Financial Services (NYDFS) in December of last year. This license is considered one of the most challenging regulatory approvals to obtain in the cryptocurrency industry, further underscoring the company's commitment to regulatory adherence.

McCauley's denial of the investigation reports is significant as it aims to reassure stakeholders and the broader crypto community about the company's operational integrity and regulatory compliance. The denial also highlights the importance of accurate reporting and the potential impact of unfounded allegations on a company's reputation.

Anchorage Digital's proactive approach to addressing these reports reflects its dedication to transparency and accountability. By swiftly refuting the allegations and providing evidence of its compliance, the company demonstrates its commitment to maintaining trust and credibility within the industry.

The incident serves as a reminder of the scrutiny that crypto companies face from regulatory bodies and the importance of maintaining robust compliance frameworks. As the crypto industry continues to evolve, companies like Anchorage Digital are setting a precedent for how to navigate regulatory challenges while upholding the highest standards of compliance and transparency.