Shocking Blow to Coinbase: Hit with Massive $3.6M Fine in Ireland for Fund Mismanagement!

Shocking Blow to Coinbase: Hit with Massive $3.6M Fine in Ireland for Fund Mismanagement!

The Central Bank of Ireland penalized Coinbase Ireland €3,252,618 for leaning too heavily on its U.S. parent and leaving its safeguarding account underfunded—its second hit to the exchange’s European arm in the last year.

This article was originally published by Decrypt. Click through to read the complete story. The Central Bank of Ireland penalized Coinbase Ireland €3,252,618 for leaning too heavily on its U.S. parent and leaving its safeguarding account underfunded—its second hit to the exchange’s European arm in the last year.

Category: technology

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