The day before, the commission filed a similar action against Binance, the world’s largest exchange. “The two cases are different, but overlap and point in the same direction: the SEC’s increasingly aggressive campaign to bring cryptocurrencies under the jurisdiction of the federal securities laws,” said Kevin O'Brien, a former prosecutor and now partner at Ford O’Brien Landy.
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SEC Continues Crusade To Rein In Crypto Platforms
The U.S. Securities and Exchange Commission filed a lawsuit against cryptocurrency platform Coinbase as it continues to crack down on the industry. So reports Reuters.
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