The U.S. Securities and Exchange Commission (SEC) urged cryptoasset exchange platform Coinbase to cease trading any other cryptocurrency besides bitcoin before proceeding early last June to sue the company for operating as an unregistered exchange, Coinbase CEO Brian Armstrong has revealed.
Tag: crypto
SEC Lawsuits Against Cryptocurrency Companies Raise Questions About Industry’s Future
First came the crypto winter, then the alleged fraud wrought by FTX founder Sam Bankman-Fried, and now the lawsuits.