Binance was slapped with a $4.3 billion fine because it let groups like Hamas and ISIS receive funds: Treasury Department

L4sBot@lemmy.worldmod to Technology@lemmy.world – 267 points –
Binance was slapped with a $4.3 billion fine because it let groups like Hamas and ISIS receive funds: Treasury Department
businessinsider.com

Binance was slapped with a $4.3 billion fine because it let groups like Hamas and ISIS receive funds: Treasury Department::"Can barely buy an AK-47 with 600 bucks," a Binance compliance staffer told his boss in 2019, per regulators.

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In cobol nonetheless.

You mean COBOL.

Fraudsters HATE this one old-timey computer language

Edit: for real tho, can learning COBOL easily translate into some bank or bank-adjacent role even if they don't have a CS degree or whatever?

I've heard 2nd stories of the few old-timers who still know COBAL, FORTRAN, etc who have very generous salaries working in sectors like banking. It's probably too late now though.

Isn’t too late. Work in a very large bank. Some of the COBOL underpinnings will probably never die. The same cannot be said for their maintainers.

You're probably better off learning java at this point, its the future equivalent of COBOL for banking.