NEW YORK: US securities regulators sued Coinbase on Tuesday, alleging that the cryptocurrency platform's failure to register as a securities exchange venue exposed investors to risk.
In filing a complaint in federal court, the Securities and Exchange Commission said Coinbase's failure to register "has deprived investors of significant protections, including inspection by the SEC, record-keeping requirements, and safeguards against conflicts of interest, among others," the US agency said.
In filing a complaint in federal court, the Securities and Exchange Commission said Coinbase's failure to register "has deprived investors of significant protections, including inspection by the SEC, record-keeping requirements, and safeguards against conflicts of interest, among others," the US agency said.
You may also like
Airport systems working normally: Aviation Ministry on Microsoft outage
"Global warming is becoming new crisis in world": CM Yogi participates in plantation drive in Lucknow
'There is a possibility of rejig in Trinamool after Martyrs Day programme'
Elon Musk Congratulates PM Modi On Being Most Followed World Leader On X