SEC sues Coinbase, alleges multiple securities law violations

The U.S. Securities and Exchange Commission (SEC) is suing Coinbase, America’s biggest cryptocurrency exchange, for allegedly breaching securities laws.

The SEC claims Coinbase operated arsenic an unregistered broker, exchange, and clearing bureau and offered unregistered securities via its Staking Program. Coinbase’s actions, according to the SEC, exposed investors to important risk, prioritizing nett implicit capitalist interests and ineligible compliance

This suit comes a time aft the SEC filed akin charges against Binance for akin securities laws violations.

This is simply a breaking story.