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Author Topic: The regulators are coming! Ripple fined $700,000!  (Read 395 times)
okbit (OP)
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May 16, 2015, 04:16:15 PM
 #1

The Financial Crimes Enforcement Network (FinCEN) has fined Ripple Labs and its subsidiary XRP II a combined $700,000 for "willful violations" of the Bank Secrecy Act (BSA).

http://www.coindesk.com/fincen-fines-ripple-labs-700000-bank-secrecy-act/
bathrobehero
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May 16, 2015, 04:56:08 PM
 #2

After I first read about Ripple, I stopped reading when I saw that Ripple Labs is a company registered in the US.

Not your keys, not your coins!
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