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_greater@lemmy.world
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        1 year 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?

        • stifle867
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          1 year 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.

          • theherk@lemmy.world
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            1 year 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.

        • hamptonio@lemmy.world
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          1 year ago

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

        • 0x0
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          1 year ago

          It’s on my to-learn list.

    • stifle867
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      1 year ago

      Either that or a literal Excel spreadsheet.