Cryptocurrency Q&A Who is liable for Coinbase violations?

Who is liable for Coinbase violations?

SilenceSolitude SilenceSolitude Fri Dec 13 2024 | 5 answers 1327
I want to know who would be responsible if there were any violations committed by Coinbase. Is it the company itself or the individual users who would be liable for such actions? Who is liable for Coinbase violations?

5 answers

JejuJoyfulHeart JejuJoyfulHeart Sun Dec 15 2024
The SEC has filed a complaint against Coinbase's holding company, Coinbase Global Inc. (CGI).

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Daniela Daniela Sun Dec 15 2024
The SEC alleges that CGI is a control person of Coinbase.

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Elena Elena Sat Dec 14 2024
As a result, CGI is liable for certain violations committed by Coinbase.

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Luigia Luigia Sat Dec 14 2024
One of the violations mentioned in the complaint is the unregistered offer and sale of securities.

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MysticChaser MysticChaser Sat Dec 14 2024
This relates to Coinbase's staking-as-a-service program.

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