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.
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Aaron Kaplan
https://www.coindesk.com/opinion/2024/09/25/the-galois-capital-settlement-signals-a-new-era-for-digital-asset-custody/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-09-25 16:08:09
