Coinbase Hit with SEC Lawsuit, Says It Operated as an Exchange Broker

The Securities and Exchange Commission (SEC) is now going after popular North American crypto exchange Coinbase in a court of law. As if attacking Binance (as we reported earlier) wasn’t enough, the financial agency is looking to add another large firm to its victims list. The SEC Sues Coinbase Allegations against Coinbase suggest that the firm operated an illegal and unregistered exchange for the past several years (the company has been around since 2012). The move is clearly a continuation of the Wells notice that Coinbase received last April. The notice said that while Coinbase wasn’t being charged with anything