SEC sues major crypto exchange Coinbase
The Securities and Exchange Commission has filed a lawsuit against Coinbase, alleging the company was working as an unregistered securities exchange.
The SEC lawsuit was filed Tuesday in the U.S. District Court for the Southern District of New York and claimed the crypto asset trading platform acted as an unregistered federal securities exchange, broker, and clearing agency. The SEC said it should be “permanently restrained and enjoined” from doing so.
Real journalism.Trusted by millions.
Unlimited access to in-depth reporting, expert analysis, and the stories that shape our country.
Subscribe Now
Already a member? Log in
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.