Category: settlement deal

Coinbase Agrees to $100 Million Settlement With New York Regulators

January 7, 2023
Business & MarketscoinbaseCompaniesCrime and Incidentscryptocurrencyfinancial regulatorJudiciaryLocal NewsMarketsMedia & Big TechNew YorkRegional-Local Newssettlement dealUS
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Coinbase has agreed to pay a $100 million settlement with New York state’s financial regulators. The crypto industry was hit with a wave of bad news in 2022, with the collapse of crypto exchange giant FTX, hedge fund Three Arrows Capital, along with the failure of several key lenders. The DFS accused Coinbase on Jan….

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Nevada Announces $45 Million Settlement With McKinsey Over Opioids

March 23, 2021
McKinsey & CompanyNevadaoverdose crisisOxyContinprescription painkillerssettlement dealUSUS News
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LAS VEGAS—Nevada has struck a $45 million settlement deal with McKinsey & Company for the global consulting firm’s role in advising opioid makers how to sell more prescription painkillers amid a national overdose crisis. The western state reached the deal after sitting out a multi-state settlement with McKinsey announced in February. The hard bargaining has…

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