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Bitcoin.com 2023-06-08 03:30:32

Coinbase CEO Responds to SEC Lawsuit Accusing Crypto Exchange of Securities Law Violations

Coinbase CEO Brian Armstrong has responded to the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against his cryptocurrency exchange. The securities regulator charged Coinbase with “operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency,” as well as selling unregistered securities “in connection with its staking-as-a-service

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