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Coinbase Will Pay $100 Million After Regulators Find 'Significant Failures' Heightened Risk Of Criminal Activity

Por: Forbes Business January 04, 2023

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Topline Coinbase, one of the nation's top cryptocurrency exchanges by trading volume, has agreed to pay $100 million as part of a settlement with New York regulators who allege the firm violated anti-money-laundering laws by allowing users to open accounts without conducting sufficient background checks—marking the latest instance of heightened scrutiny facing the nascent cryptocurrency industry. Regulators allege Coinbase did the bare... + full article



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