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Topic: The regulators are coming! Ripple fined $700,000! (Read 412 times)

legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
After I first read about Ripple, I stopped reading when I saw that Ripple Labs is a company registered in the US.
sr. member
Activity: 259
Merit: 250
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/
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