SEC sues US leading crypto platform Coinbase for violating securities rules; details here
The SEC has sued Coinbase, alleging that the cryptocurrency exchange broke its rule by allowing users to trade unregistered securities. The regulator claims that Coinbase's staking service violated its rule.
Leading US cryptocurrency platform, Coinbase Global Inc. is sued by the Securities and Exchange Commission (SEC) in a federal court hearing on Tuesday in New York. Allegations are that the crypto firm broke the regulator's rule by allowing its users trade numerous crypto tokens which were unregistered securities.
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