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Binance is an interesting case, right? Because you have Binance, kind of the international company, and then you have this separate entity called Binance US that is supposed to be separate. But these lawsuits both sort of allege that that's not actually the case - they're just sort of a front for the international company. And so those are the cases against Binance. Let's now move to Coinbase because they too are the subject of a lot of scrutiny. They claim that the SEC is making, that they are acting as an unregistered broker dealer and listing unregistered securities.
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