Daily Archives: March 20, 2022, 11:47 am

Coinbase facing massive class action lawsuit over unregulated securities sales – CoinGeek

The suit is brought on behalf of all Coinbase users and complains that the cryptocurrency exchange has been selling securities that are unregistered with the U.S. Securities and Exchange Commission (SEC), amounting to 15 violations of securities laws, including the requirement for those selling securities to register as an exchange. Coinbase CEO Brian Armstrong is also named as a defendant…

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