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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.

4 Articles

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Business InsiderBusiness Insider
Lean Left

The SEC charges Coinbase with violating securities regulations

The lawsuit comes a day after the regulator sued crypto exchange Binance and its CEO Changpeng Zhao.

·United States
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El Nuevo DíaEl Nuevo Día
Center

The United States Sues Coinbase for Violating Security Regulations

La Comisión del Mercado de Valores acusa a la plataforma de criptomonedas de ganar millones de dólares “facilitando ilegalmente la compra y venta de valores de criptoactivos”

·Puerto Rico
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Coin DeskCoin Desk
Center

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

The crypto exchange now is facing scrutiny from a task force of ten U.S. state securities regulators after getting sued by the SEC on the same day.

·Manila, Philippines
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Crypto BriefingCrypto Briefing

Coinbase Sued by SEC; Another Violation of Securities Laws

Coinbase has been sued by the SEC in an effort to prevent Coinbase from continuing to operate in violation of securities laws.

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67% Center
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Coin Desk broke the news in Manila, Philippines on Tuesday, June 6, 2023.
Sources are mostly out of (0)

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