Re:CFTC Orders Coinbase Inc. To Pay $6.5M Penalty
by loeg on Saturday March 20, 2021 @02:22PM
(#26524942)
This is maybe true in some facile sense, but companies can and do exchange market cap for working capital through ATM offerings[0]. Is there some specific reason companies cannot sell stock to finance fines? (Even if it is disallowed in some regulatory sense -- I am not aware of this -- money is fungible, and I don't believe a single fine prevents future stock offerings.)
[0]: https://en.wikipedia.org/wiki/At-the-market_offering