U.S. sues cryptocurrency exchanges Coinbase and Binance for securities violations

The Securities and Exchange Commission announced it is suing Coinbase, the largest cryptocurrency platform in the U.S. It comes one day after the SEC announced its lawsuit against Binance, the world’s largest cryptocurrency exchange, accusing it of lying to American regulators and investors about its operations. Stephanie Sy discussed the crisis in crypto with Roben Farzad of Full Disclosure.

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