SEC Files Lawsuit Against Coinbase, Alleging Unregistered Broker and Exchange Activities

SEC Files Lawsuit Against Coinbase, Alleging Unregistered Broker and Exchange Activities.

SEC Files Lawsuit Against Coinbase for alleged unregistered broker and exchange activities, demanding a permanent halt.

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The lawsuit, filed in a New York federal court on Tuesday.

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The SEC characterizes the staking program as a means for investors to earn financial returns through Coinbase’s managerial efforts.

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