Coinbase: $100m Fine to New York State Regulators for Longstanding Compliance Failures

AltFi | Amelia Isaacs | Jan 5, 2023 The crypto exchange will pay a $50m fine and invest $50m (over the next 2 years) in its AML programme, which had “wide-ranging and longstanding failures”. According to the regulators, the crypto firm had let customers open accounts without sufficient background checks, and its failures made the

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