Surely the CFPB has ulterior motives when they set their sights on this “school” whose Wikipedia page is 2/3 controversies: https://en.m.wikipedia.org/wiki/Bloom_Institute_of_Technology
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Let me rephrase that: “Coinbase and Bloom Tech illustrate the dangers of starting a startup lying in a regulated industry.”
Coinbase hasn’t exactly lied, to my knowledge, grouping them with his stupid startup is pretty disingenuous, but he started it.