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Binance was slapped with a $4.3 billion fine because it let groups like Hamas and ISIS receive funds: Treasury Department (www.businessinsider.com)

submitted 11 months ago by [email protected] to c/[email protected]

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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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[–] [email protected] 5 points 11 months ago* (last edited 11 months ago) (3 children)

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?

[–] stifle867 6 points 11 months ago (1 children)

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.

[–] [email protected] 4 points 11 months ago

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.

[–] [email protected] 2 points 11 months ago* (last edited 11 months ago)

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

[–] 0x0 1 points 11 months ago

It's on my to-learn list.