SEC: Coinbase Operates Crypto Trading Platform As Unregistered Securities Broker

(June 15, 2023, 2:59 PM EDT) -- NEW YORK — The Securities and Exchange Commission has sued Coinbase Inc. and its holding company in a federal district court in New York, claiming that it operates its crypto asset trading platform as an unregistered national securities exchange, broker and clearing agency in violation of the Securities Exchange Act of 1934 (Exchange Act)....

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