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Coinbase to Pay $100 Million in Settlement With New York Regulator

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Cryptocurrency exchange Coinbase agreed to pay a $50 million penalty to New York state's Department of Financial Services to settle accusations that it allowed customers to open accounts without conducting sufficient background checks

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Question - do any underwriters do any DD before pawning stock off to the public? Very hard to believe that AML shortcomings should not have been detected and in turn written into 'risks' profile

well cryptocurrency is not really money but a why to get around laws

Coinbase needs to donate to Big Guy.

Oh really..

Yet landlords cannot scrutinize tenants credit ratings and criminal history. What a backward world leftists have created.

Coinbase aint paying that fine... RIP your tokens.

and this money is coming from where? oh right, the customers.

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Coinbase stock bounces after $100 million settlement deal with New York financial services regulatorShares of Coinbase Global Inc. bounced 4.1% in morning trading Wednesday, after it was announced that the cryptocurrency exchange agreed to a $100 million...
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Coinbase to pay $100 mln to settle New York state investigationU.S.-based cryptocurrency exchange Coinbase Global Inc has reached a $100 million settlement with New York's Department of Financial Services (DFS), the exchange and the regulator said in statements on Wednesday. What? The democrat politicians didn’t stat bought?
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