SEC Sues Coinbase Over Alleged Securities Violations
One day after charging Binance with 13 counts of securities laws violations, the U.S. Securities and Exchange Commission (SEC) has set its sights on Coinbase. On June 6, the SEC announced that it was suing Coinbase for allegedly operating as an unregistered broker of securities, an unregistered exchange, and an unregistered clearing agency. Further, the…