Coinbase’s €21.5 Million Fiasco: A Crypto Comedy of Errors
Ah, Coinbase Europe Limited, the European arm of the American crypto darling, has managed to make headlines once again-though not the kind you’d brag about at a dinner party. The Central Bank of Ireland, with the patience of a saint or perhaps the sternness of a headmistress, has extracted a tidy sum of €21.5 million from Coinbase’s coffers. This delightful penalty stems from the company’s failure to properly monitor over 30 million transactions. What’s €176 billion between friends, after all? 🤷♂️






