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https://www.wsj.com/articles/sec-sues-coinbase-says-it-is-unregistered-broker-dealer-95ec0637

SEC Sues Coinbase, Alleges It Is Unregistered Broker-Dealer

Lawsuit is SEC’s second this week against a crypto hub, following earlier suit against Binance

By Dave Michaels
 and Caitlin Ostroff
The SEC alleged that Coinbase traded at least 13 crypto assets that are securities and should have been registered with regulators before they were issued. Photo: DADO RUVIC/REUTERS

WASHINGTON—The Securities and Exchange Commission on Tuesday sued Coinbase, alleging the U.S.’s largest crypto platform violated rules that require it to register as an exchange and be overseen by the federal agency.

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.