Coinbase Reaches $100 Million Settlement With New York Regulators
![](https://static01.nyt.com/images/2023/01/04/multimedia/04coinbase-1-1-ca2a/04coinbase-1-1-ca2a-videoSixteenByNine3000.jpg)
The U.S. crypto exchange will pay a $50 million fine for letting customers open accounts with few background checks and spend $50 million to improve compliance.
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