U.S. SEC sues Coinbase, alleging violation of U.S. securities rules

U.S. SEC sues Coinbase for violating securities rules.

According to Bloomberg News, the US Securities and Exchange Commission (SEC) has filed a lawsuit against cryptocurrency exchange Coinbase in the New York Federal Court, accusing the cryptocurrency company of violating US securities regulations.

Reference: https://www.bloomberg.com/news/articles/2023-06-06/coinbase-sued-by-sec-for-breaking-us-securities-rules

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