So they failed to monitor $10 bn in transactions. 1% of that is $100 m. The fine... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		rayiner on Feb 26, 2014 \| parent \| context \| favorite \| on: Mt. Gox Receives Subpoena From Federal Prosecutor:... So they failed to monitor $10 bn in transactions. 1% of that is $100 m. The fine was 19x larger. What am I missing?

eliasmacpherson on Feb 26, 2014 [–]

"HSBC failed to monitor $670 billion in wire transfers"

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact