Bitcoin24h $101,241.49-2.95%

Ethereum24h $3,287.07-5.89%

XRP24h $2.22-1.72%

BNB24h $943.05-0.52%

Solana24h $154.65-1.93%

TRON24h $0.2852+2.64%

Dogecoin24h $0.1631+0.24%

Cardano24h $0.5278-1.80%

Hyperliquid24h $40.00+7.86%

Chainlink24h $14.68-0.06%

Why did the SEC let Coinbase go public?

The SEC sued Coinbase on Tuesday for selling unregistered securities. So why did it allow the crypto exchange to go public in 2021?

Coinbase trader makes $25M on options bets day before SEC suit

The trader placed $100K in options bets against Coinbase on Monday morning. The company’s share price dropped nearly 19% just 24 hours later.

In its lawsuit against Binance, the SEC has clearly explained for the second time how a stablecoin can be offered to investors as a security.

The SEC has brought a lawsuit against Binance, alleging it mishandled customer funds, sold unregistered securities, and failed to register.

The total number of cryptos the SEC classes as securities now totals 61. It added 16 when it charged Terraform Labs with fraud in February.