The US Securities and Trade Fee (SEC) filed a lawsuit in opposition to New York-based cryptocurrency change Coinbase (NASDAQ: ) for providing unregistered securities.
The SEC’s lawsuit alleges that Coinbase by no means registered as a dealer, nationwide inventory change or clearing company, avoiding the Securities Markets Disclosure Scheme. The SEC says that a number of tokens supplied by cryptocurrency exchanges, together with (SOL), (ADA), Polygon (MATICS), (PHIL), Sandbox (SAND), (AXS), Chiliz (CHZ), stream (FLOW), web laptop (ICP), close to (NEAR), Voyager Token (VGX), (DASH) and Nexo (NEXO) are thought-about securities.
Proceed studying Coin Telegraph.
