Cryptocurrency Q&A Did Coinbase violate US securities law?

Did Coinbase violate US securities law?

HallyuHeroLegend HallyuHeroLegend Sun Sep 29 2024 | 6 answers 1800
Could you please elaborate on the question of whether Coinbase has violated US securities law? Are there specific allegations or investigations into Coinbase's activities that suggest a potential violation? How would such a violation impact Coinbase's operations, as well as the cryptocurrency and finance industries as a whole? Additionally, what steps could Coinbase take to ensure compliance with US securities law in the future? Did Coinbase violate US securities law?

6 answers

NebulaSoul NebulaSoul Tue Oct 01 2024
As a result of the lawsuit, Coinbase's shares have experienced a significant decline, falling by 12 percent.

Was this helpful?

292
87
AzrilTaufani AzrilTaufani Tue Oct 01 2024
The lawsuit alleges that Coinbase violated key provisions of US securities law.

Was this helpful?

387
22
EclipseChaser EclipseChaser Tue Oct 01 2024
Specifically, Coinbase is accused of operating without the necessary registrations as a broker, national securities exchange, or clearing agency.

Was this helpful?

398
28
CoinPrince CoinPrince Tue Oct 01 2024
The lack of these registrations is seen as a serious breach of regulations designed to protect investors and maintain market integrity.

Was this helpful?

118
99
DigitalDuke DigitalDuke Tue Oct 01 2024
The financial regulator has initiated legal action against Coinbase, a prominent cryptocurrency exchange headquartered in San Francisco.

Was this helpful?

300
98
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts