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Crypto

Irish central bank fines Coinbase Ireland $3.6 million over fund safeguarding failures

Irish central bank fines Coinbase Ireland $3.6 million over fund safeguarding failures
Image: CoinDesk

Summary

When Silvergate was on the verge of collapse in 2023, Coinbase instructed 30 customers to deposit funds into an alternate account held by Coinbase at another U.S. bank.

Source & full coverage: this summary is aggregated from CoinDesk, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at CoinDesk →