Archive: unregistered securities
Six Coins You Need to Sell
By Vin Narayanan on June 8, 2023
It’s been a week. On Monday, the SEC sued Binance, saying the crypto exchange had shown “blatant disregard of the federal securities laws.” And on Tuesday, the SEC sued Coinbase for acting “as an exchange, a broker, and a clearing agency, without registering as an exchange, broker, or clearing agency” and selling “without registering its offers and sales.” The SEC took 101 pages to detail its charges against Coinbase. And it took 136 pages to explain…
Crypto Insider: Coinbase Tussles With the SEC
By Early Investing on August 1, 2022
Coinbase has been struggling lately. About two weeks ago, an ex-Coinbase product manager was charged with fraud over an alleged insider trading scheme involving crypto. Then last week, Coinbase shares dropped more than 20% after news broke that it’s facing an SEC probe into whether the platform is…