U.S. Intensifies Crypto Inquiry, Suing Coinbase
In an intensifying effort to end what the authorities see as the era of lawlessness in the cryptocurrency market, the Securities and Exchange Commission on Tuesday sued Coinbase, the largest crypto trading platform in the United States, claiming that the company broke the law by not registering as a broker.
Matthew Goldstein, Ephrat Livni and Emily Flitter, New York Times