WuBlockchain Weekly：Coinbase agreed to pay a $50 million fine、Wyre to close down due to layoffs、SBF pleads not guilty to charges and Top10 News
Top10 News 1. Coinbase fined $50M for violating anti-money laundering laws link Coinbase agreed to pay a $50 million fine after financial regulators found that it violated anti-money laundering laws by allowing customers to open accounts without conducting adequate background checks. The New York State Department of Financial Services also required Coinbase to invest $50 million to enhance its compliance program. 2. Wyre to close down and terminate its services due to layoff s link Wyre, a cryptocurrency payment company founded in 2013, has informed employees that it will close down due to layoffs and plans to terminate its services in January 2023, Axios reported. Previously, users of the Ledger hardware wallet reported that Wyre, the recommended transaction partner of its APP, would freeze user funds for no reason. 3. Crypto lender Genesis lays off 30% more of its staff link DCG’s Genesis Global Trading has just announced further layoffs and the closure of its wealth managemen...