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> Seems a bit unfair on coinbase Nah, the opposite. It’s a small financial slap on the wrist, and in exchange they get to be absolved of their past sins and be
by peteretep 6y ago
> Seems a bit unfair on coinbase
Nah, the opposite. It’s a small financial slap on the wrist, and in exchange they get to be absolved of their past sins and be declared squeaky clean. New competitors will need to be perfect from the get-go.
- TylerE 6y agoHardly. This only covers activity through summer of 2018.
- peteretep 6y agoThis fine does, but presumably this has come about as part of a wider audit
- ac29 6y agoThe point is law enforcement and regulatory agencies move really, really slowly - they generally like to take time building strong cases, even when misconduct is fairly evident. This activity dates back 3-5 years, and is only being publicly announced now. What's happened since then?