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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.

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Business Insider

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.

2 years ago·United States

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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”

2 years ago·Puerto Rico

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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.

2 years ago·Manila, Philippines

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Crypto 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.

2 years ago

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Leaning Left1Leaning Right0Center2Last Updated2 years agoBias Distribution

67% Center

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67% Center

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Coin Desk broke the news in Manila, Philippines 2 years ago on Tuesday, June 6, 2023.

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