Coinbase Becomes the Latest Target of SEC: Accused of Unregistered Brokerage and Securities Violations

After the U.S. Securities and Exchange Commission (SEC) sued Binance, it has now filed a legal case against the San Francisco-based exchange, Coinbase. The SEC alleges that Coinbase breached multiple securities regulations and has been functioning as an unregistered broker since 2019. SEC Alleges Coinbase Operated an Unregistered Brokerage and Committed Multiple Securities Offenses The