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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.

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.

Read the full story at coindesk.com: https://www.coindesk.com/policy/2026/10/22/irish-central-bank-fines-coinbase-ireland-usd3-6-million-over-fund-safeguarding-failures

Source: coindesk.com

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