Coinbase Caught In SEC Legal Crossfire, COIN Price Suffers
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Coinbase, the leading cryptocurrency trading platform in the United States, has recently found itself embroiled in a legal battle with the US Securities and Exchange Commission (SEC). The SEC filed a lawsuit on Tuesday, accusing Coinbase of operating without proper registration, thereby violating regulations designed to safeguard investors. This lawsuit has sent shockwaves through the crypto market, impacting not only the global cryptocurrency market but also Coinbase’s stock value and triggering concerns about the broader implications for the industry. The SEC Lawsuit Against Coinbase In a complaint lodged with the Manhattan federal court, the SEC alleges that Coinbase has been
SEC files lawsuit against crypto exchange Coinbase The US Securities and Exchange Commission has filed a lawsuit against cryptocurrency exchange Coinbase in federal court in New York. Just like with Binance, the SEC accuses Coinbase of violating securities laws. And just like in yesterday’s lawsuit, the Commission published another list…