"Can barely buy an AK-47 with 600 bucks," a Binance compliance staffer told his boss in 2019, per regulators.

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.

  • @cheese_greaterEnglish
    5•10 months ago

    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?

    • @[email protected]English
      6•10 months ago

      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.

      • @theherkEnglish
        4•10 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.

    • @hamptonioEnglish
      2•10 months ago

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