Coinbase Agrees To Pay $6.5M In Settlement With CFTC Over Deceptive Reporting, Wash Trading Charges
By Flemming in Business
Updated 3 years ago
The Commodity Futures Trading Commission and Coinbase Inc. have come to a settlement over charges against the San Francisco-based digital currency exchange. What Happened: The commission on Friday ordered Coinbase to pay $6.5 million over charges of reckless false, misleading or inaccurate reporting, as well as wash trading by a former employee on Coinbase's GDAX platform.
