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SEC Sues US-Based Crypto Exchange Coinbase

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By 247patrick Published
SEC Sues US-Based Crypto Exchange Coinbase

© PeopleImages / iStock via Getty Images

The US Securities and Exchange Commission (SEC) filed a lawsuit against US-based cryptocurrency exchange Coinbase today.

The lawsuit alleges that Coinbase, the largest cryptocurrency exchange in the US, had never registered with the SEC as a broker, among other charges.

Yesterday, the financial watchdog filed a lawsuit against the largest global exchange, Binance, and its CEO.

Some claim the SEC’s actions as an attack on the entire cryptocurrency industry.

This article originally appeared on The Tokenist

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