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Published 1 year ago

Coinbase Violated State Securities Laws With Staking Program, Alabama Regulator Alleges

Summary by Ground News
Coinbase stock fell as much as 21% to $46.45 in regular trading on the news of the SEC. The lawsuit comes one day after the SEC sued Binance and CEO, Changpeng Zhao for operating an illegal exchange. The SEC complaint says that these services included trading of crypto assets that are considered securities.

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