Blockchain and Cryptocurrency: People, Culture and Tech
“Successfully completing this examination and being granted the SOC 1 Type 1 report more formally signifies something we have long known: the controls and processes Anchorage has developed are world class, and meet a truly rigorous standard,” said Jennifer Lee, Anchorage’s head of compliance.
Some four-fifths of institutional investors polled recently by Fidelity Digital Assets said they found the asset class appealing, and more than 60% of them have made a direct purchase. But roadblocks remain.
The QuadrigaCX cryptocurrency exchange’s bankruptcy trustee, Ernst & Young, announced that it intended to comply with the Canadian tax authority’s request for customer records. Specifically, it is planning to share a database containing the “account balances and transaction data of affected users.”
Roger Knox pleaded guilty to a $165 million pump-and-dump on Jan. 13. He allegedly processed the ill-gotten gains via Michael Gastauer's WB21.