Coinbase, a digital currency exchange operator, agreed to pay a $6.5 million civil penalty to settle charges from the Commodity Futures Trading Commission (CFTC) for reporting violations and improper trading activity by a former employee.

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Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...