Axios
Just a day after slapping crypto giant Binance with a lawsuit, the Securities and Exchange Commission is officially going after Coinbase, its U.S. competitor.
The SEC is sending a signal that no exchange is too big for it to go after.
The lawsuit, filed in the Southern District of New York on Tuesday, alleges that Coinbase evaded securities regulations by failing to register with the SEC as an exchange, clearing agency, or broker.
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