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'Unlawfully offered exchanged, brokered deals....' - Check what US SEC said in its complaint against crypto firm Coinbase

The US SEC has filed a complaint against crypto exchange firm Coinbase for operating as an unregistered national securities exchange, broker, and clearing agency. The complaint also charged Coinbase for failing to register its crypto asset staking program. The regulatory body alleged that Coinbase made billions of dollars by unlawfully facilitating the buying and selling of crypto asset securities. , Companies News, Times Now ....

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BBCNEWS Asia Business Report June 4, 2024 01:30:00

Ensure a prosperous economy in the future? a crackdown on crypto deepens in the us. this time, regulators have taken aim at coinbase. plus a senate hearing focusing on a scandal involving one of the world s big four audit companies gets under way in australia. welcome to asia business report. another day and another crackdown on crypto by us regulators and this time it s coinbase, the biggest crypto trading platform in america. the securities and exchange commission, sec, is suing the company, for allegedly operating as an exchange without registering as one. ....

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US Coinbase lawsuit ramps up crypto crackdown after targeting Binance, which could make it harder for Americans to trade

The Securities and Exchange Commission alleges that Coinbase sold crypto tokens that were unregistered securities, coming a day after a similar complaint against Binance. ....

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BBCNEWS Asia Business Report June 4, 2024 00:31:00

More from new york now. in more from new york now. in these latest charges, the sec said coin base acted as a broker, exchange and clearing agency for investments that are subject to sec rules but they did so without properly registering, and that, the regulator said, allowed the firm to escape oversight, including guards against conflicts of interest. the charges against coinbase were not a surprise. as a publicly traded company are disclosed in march of this year that the sec had notified it that these charges may be coming. in response, coinbase said the rules were not clear. testifying on capitol hill tuesday the chief legal officer for coinbase said it try to get new rules in place for crypto platforms like theirs, but got no response from the sec. since that time. no response from the sec. since that time. we no response from the sec. since that time, we have no response from the sec. since that time, we have had - no response from the sec. since that time, we have had over ....

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US Cracks Down On Crypto's "Web Of Deception", Charges Coinbase, Binance

The top US securities regulator sued cryptocurrency platform Coinbase on Tuesday, the second lawsuit in two days against a major crypto exchange, in a dramatic escalation of a crackdown on the industry. ....

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