Regulatory Alerts2026-07-14
Added · Updated
Final Order — Money Services Business
The Office of Financial Regulation approved a Stipulation and Consent Agreement resolving enforcement actions against Coin Lion, LLC and Eric McDonald for operating as an unlicensed money transmitter for 108 days following license revocation. The Respondents are required to pay an administrative fine of $3,580.00 and agree to comply with all provisions of Chapter 560, Florida Statutes. This order concludes the matter and waives the Respondents' rights to further administrative hearings or appeals regarding the findings and terms.
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