Home Stock US SEC sues Coinbase over failure to register By Reuters

US SEC sues Coinbase over failure to register By Reuters

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US SEC sues Coinbase over failure to register By Reuters

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© Reuters. FILE PHOTO: A illustration of the cryptocurrency is seen in entrance of Coinbase brand on this illustration taken, March 4, 2022. REUTERS/Dado Ruvic/Illustration/File Picture

NEW YORK (Reuters) – The U.S. Securities and Change Fee on Tuesday sued Coinbase (NASDAQ:) Inc, the biggest U.S. crypto asset buying and selling platform, accusing it of illegally working with out having first registered with the regulator.

The lawsuit was filed in Manhattan federal court docket, at some point after the SEC sued Binance, the world’s largest cryptocurrency change, and its founder Changpeng Zhao.

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