News Formal

Coinbase to pay $100 million over failure to scale AML as business boomed

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

The company will pay $50 million to New York's financial regulator and another $50 million to expand its compliance department.

for our latest deep dive newsletters, Pro Crypto Ecosystems and Pro Deals. Complimentary access is available for a limited time.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

“ backlogs rapidly grew to unmanageable levels,' Probably worse now.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in BUSİNESS

Business Business Latest News, Business Business Headlines