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Lawsuits against Coinbase and Binance test the fate of US Crypto Markets
The SEC filed a lawsuit against Coinbase for not registering as a broker, exchange, or clearinghouse of securities. As a result of the lawsuit, Coinbase’s share price dropped by a fifth when markets opened.The day before the SEC sued Coinbase, it also sued Binance, the world’s largest crypto exchange, alleging that it offered securities-trading services ...
