Summary: “Coinbase has never registered with the SEC” as a securities exchange, the U.S. Securities and Exchange Commission filed in its lawsuit against America’s biggest crypto exchange. The SEC again listed several crypto tokens like SOL and MATIC as securities in the 101-page document filed in New York’s Southern District. Both Coinbase and Binance have now been sued by the SEC for operating an unlicensed securities exchange on U.S. soil. The U.S. Securities and Exchange Commission (SEC) alleges that Coinbase