Coinbase Just Got Hit With A $25M Fine Over Transactions Tied to Dark Web Crime—Here's What The Irish Regulator Found

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Ireland’s financial watchdog just dropped a multimillion-dollar hammer on a major crypto exchange, alleging that coding errors left billions in transactions unmonitored and potentially exposed the platform to serious criminal activity ranging from drug trafficking to child exploitation. Coinbase Global (NASDAQ:COIN) saw its Irish subsidiary slapped with a 21.5 million euro ($25 million) fine on Oct. 6 after ...