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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Archipelago Trading Services Settles with SEC for $1.5 Million Over Unfiled SARs

Archipelago Trading Services Inc. will pay $1.5 million to the SEC for failing to file hundreds of Suspicious Activity Reports between 2012 and 2020, despite daily high-risk transactions.

by Rebeca Moen
Aug 30, 2023

CRYPTOCURRENCY

Archipelago Trading Services Settles with SEC for $1.5 Million Over Unfiled SARs

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