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Coinbase Ireland Admits Breaches, Takes $3.64 Million Penalty Over Underfunded Customer Account

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Coinbase Ireland Admits Breaches, Takes $3.64 Million Penalty Over Underfunded Customer Account

Coinbase's Irish e-money unit admitted holding 30 institutional clients' dollars in Coinbase Inc. accounts for 19 months and falling short on safeguarded cash every day for at least a year and a half. Coinbase says no customer lost money. The post Coinbase Ireland Admits Breaches, Takes $3.64 Million Penalty Over Underfunded Customer Account appeared first on Unchained.

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