US securities regulator sues cryptocurrency platform Coinbase – Times of India

New York: US securities regulators filed a lawsuit coinbase alleged on Tuesday that the cryptocurrency The platform’s failure to register as a securities exchange put investors at risk.
filing a complaint in federal court, Securities and Exchange Commission Coinbase said failure to register “deprived investors of important protections including oversight”. secondsrecord-keeping requirements, and protections against conflicts of interest, among others,” the US agency said.