The SEC strikes again: First Binance, now Coinbase

2023-6-7 15:51

Key takeaways

The US SEC has sued crypto exchange Coinbase for acting as an unregistered broker.

This latest development comes a few hours after the regulatory agency sued Binance.

SEC sues Coinbase for acting as an unregistered broker

The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Coinbase, one of the leading crypto exchanges in the world.

This latest cryptocurrency news comes barely 24 hours after the SEC slapped a lawsuit against rival exchange Binance. 

SEC filed the lawsuit a few minutes ago, alleging that Coinbase has never registered as a broker, national securities exchange or clearing agency. Thus, the SEC claims that Coinbase has been evading the disclosure scheme for securities markets. 

The regulatory agency alleged that several tokens offered by the crypto exchange are securities. SEC filed the lawsuit in a New York Federal court.

Coinbase is yet to respond to the lawsuit. This latest development comes as the SEC and Coinbase have been battling a legal case over the past few months.

Earlier this year, the SEC issued Coinbase a Wells Notice, indicating that it is looking into the affairs of the cryptocurrency exchange. 

The crypto exchange now filed a lawsuit against the SEC in April, asking the securities regulator to provide a yes or no to its request for the commission to draft and approve a digital asset-specific rule.

US SEC is coming after exchanges

The lawsuit against Coinbase comes barely 24 hours after the SEC went after Binance, the world’s largest cryptocurrency exchange by daily trading volume. 

The SEC alleged that Binance was offering services to high-valued US customers on its platform, which is in violation of U.S. securities laws.

The regulatory agency also claimed that Binance CEO exercised control over customer assets, adding that he combined them with personal and company holdings.

The SEC has been coming after crypto exchanges in recent months, including Kraken. 

Coinbase’s stock price has dipped by more than 15% during Tuesday’s pre-market trading session following this latest development. COIN is now trading at $49.44 per share. 

The post The SEC strikes again: First Binance, now Coinbase appeared first on CoinJournal.

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Источник: coinjournal.net

coinbase sec → Результатов: 126


Фото:

Эдвард Сноуден: «SEC проиграет судебную тяжбу с Coinbase»

Бывший сотрудник ЦРУ Эдвард Сноуден предположил, что у крупнейшей американской криптобиржи Coinbase есть большие шансы выиграть судебное разбирательство с Комиссией по ценным бумагам и биржам США (SEC).

2024-3-29 12:55


Суд отклонил ходатайство Coinbase о прекращении дела SEC против биржи

Решение, принятое окружным судьей США Кэтрин Фаилла (Katherine Failla), позволяет Комиссии по ценным бумагам и биржам США (SEC) предъявить иск, согласно которому Coinbase работает как незарегистрированная биржа и занимается предложением и продажей ценных бумаг.

2024-3-28 19:35


Фото:

Главный юрист Coinbase: «Мы нашли противоречия в заявлениях SEC о криптовалютах»

Юристы крупнейшей американской криптовалютной биржи Coinbase направили ходатайство в апелляционный суд третьего округа США с требованием заставить SEC разработать четкие правила по регулированию криптовалют.

2024-3-12 10:33


Фото:

Coinbase vs. SEC: potential impact of a spot Bitcoin ETF approval

The legal fight between SEC and exchange Coinbase appears overlooked as markets stare at the January 10 deadline for spot Bitcoin exchange-traded fund approval deadline. Meanwhile, an ETF authorization might see Coinbase cementing its market relevancy by offering custody and trading services to leading financial institutions, including BlackRock and Grayscale. SEC vs. Coinbase legal battle […]

2024-1-10 11:36


Coinbase Opens Appeal Against ‘Arbitrary and Capricious’ SEC Regulations Denial

Coinbase has filed an appeal against the SEC's denial to classify cryptocurrencies as securities, challenging the decision as "arbitrary and capricious. " This action signifies a major step in the ongoing quest for regulatory clarity in the cryptocurrency market, with Coinbase leading the charge against the SEC's slow response and perceived regulatory overreach.

2023-12-19 11:43


Coinbase: SEC превышает полномочия

SEC вышла за рамки своих компетенций в отношении криптовалют в деле против Coinbase. Об этом говорится в ответе биржи на иск регулятора. По словам представителей Coinbase, перечисленные в претензии активы не являются инвестиционными контрактами и, следовательно, не могут приравниваться к ценным бумагам.

2023-6-30 18:46


Coinbase не будет делистить токены из-за SEC

Криптовалютная биржа Coinbase не собирается проводить делистинг токенов, которые, по заявлению Комиссии по ценным бумагам и биржам (SEC), считаются ценными бумагами. Генеральный директор компании Брайан Армстронг в интервью Axios заявил, что Coinbase будет продолжать вести бизнес по обычным правилам, и торговля указанными активами продолжится до вынесения решения суда.

2023-6-9 16:45


Фото:

CoinGecko: Объемы торгов на DEX выросли на 444% на фоне иска SEC к Binance и Coinbase

По данным сервиса CoinGecko, медианный объем торгов на децентрализованных криптобиржах (DEX) за последние два дня вырос на 444%. Аналитики связывают это с иском SEC к биржам Coinbase и Binance.

2023-6-7 09:19


Coinbase has lodged a court petition requesting that the SEC respond to a rulemaking petition the firm had submitted in 2022.

Coinbase, a cryptocurrency exchange, has taken a proactive approach by filing an Administrative Procedure Act challenge against the U. S. Securities and Exchange Commission (SEC). In this filing, Coinbase requests that the Third Circuit Court of Appeals compel the SEC to provide clarity regarding how current securities laws could apply to digital assets.

2023-4-25 16:09


SEC грозится подать в суд на Coinbase за нарушение законов о ценных бумагах

Комиссия по ценным бумагам и биржам США (SEC) предупредила криптобиржу Coinbase, что может принять против нее принудительные меры за продажу незарегистрированных ценных бумаг.

2023-3-23 09:49


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