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SEC Sues Coinbase For Acting as Unregistered Broker: Reports

Breaking SEC Sues Coinbase For Acting as Unregistered Broker: Reports

SEC claims that Coinbase is acting as an unregistered broker. Coinbase faces lawsuit in New York Federal Court. Binance also sued by SEC for being an unregistered trading entity

The US Securities and Exchange Commission (SEC) has sued the crypto exchange Coinbase for acting as an unregistered broker.

According to a community-run news aggregator, “Tree News,” the SEC has filed a lawsuit against Coinbase in the New York Federal Court. Tree News wrote on Twitter:


Yesterday, the SEC launched a lawsuit against another crypto exchange Binance. It alleged that Binance operated an unregistered trading entity and misdirected investors’ funds.

This is a breaking news story.

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