<h4>Quick Take</h4> <ul> <li>Two individuals charged by the SDNY for bank fraud and conspiracy after obtaining bank accounts under false pretenses to process payments for cryptocurrency exchanges</li> <li>The company named in the indictment, Global Trading Solutions LLC, is directly linked to troubled payment processor Crypto Capital</li> <li><span style="font-weight: 400;">The chance that SDNY’s indictment is separate from the investigation by the NYAG’s office into Bitfinex and Crypto Capital is near zero</span></li> </ul>