Kiripto
NewsCrypto prices
Back to all news ←
Crypto

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

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.

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

Story 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.

Follow the latest stories from trusted publishers with concise summaries. Open the original source link for details.

Read at source