Source: Coindesk.com
In September 2024, Galois Capital, a now defunct crypto hedge fund, settled with the SEC for $225,000 over “custody failures” related to safeguarding clients’ crypto assets. While the amount may seem small, the implications for the Registered Investment Advisor (RIA) community, digital asset industry and custodians are significant.
This case marks a pivotal moment in how digital
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Source: Coindesk.com