Winklevoss Bros’ Gemini Claims to be World’s First SOC 2 Compliant Crypto Exchange after Deloitte Audit

Crypto exchange Gemini has announced that it has completed its SOC 2 Type 1 examination, and plans to obtain more security credentials by the end of the year. SOC 2 reports are essentially certifications testifying to the processing integrity, security, and/or availability of a service, with a key focus on data confidentiality for end users. The exchange owned by billionaire crypto investment duo Cameron and Tyler Winklevoss is the first to have this level of security compliance on the cryptocurrency scene. In an announcement by Head of Risk, Yusuf Hussain, Gemini claims that the SOC 2 Type1 certification means that

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