coinbase
New York (AFP) - In their second major action against a big crypto player in two days, US regulators sued Coinbase on Tuesday, alleging its failure to register as a securities exchange venue exposed investors to risk. The Securities and Exchange Commission charged that the largest digital currency trading platform in the United States had made billions of dollars by "unlawfully facilitating the buying and selling of crypto asset securities." Shares of Coinbase tumbled on news of the lawsuit, which comes on the heels of charges unveiled Monday against cryptocurrency exchange Binance and founder...
AFP
New York (AFP) - US securities regulators sued Coinbase on Tuesday, alleging that the cryptocurrency platform's failure to register as a securities exchange venue exposed investors to risk. The complaint -- which sent Coinbase shares sharply lower -- comes on the heels of Securities and Exchange Commission (SEC) charges filed Monday against cryptocurrency exchange Binance and founder Changpeng Zhao for numerous securities law violations, including running an unregistered national securities exchange. "Since at least 2019, Coinbase has made billions of dollars unlawfully facilitating the buying...
AFP
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