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The regulator is alleging that the crypto platform is an unregistered exchange, broker & clearing agency that’s putting clients at risk.
It looks like the SEC and Coinbase, Inc. will have their day in court. The SEC raised the legal stakes last week by charging the cryptocurrency exchange with illegally running its crypto-asset transaction platform “as an unregistered national securities exchange, broker, and clearing agency,” and that Coinbase allegedly failed to register the sale of its...
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