The Crypto Community's Defiant Reaction to Gensler's Coinbase Lawsuit
The Breakdown
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The SEC's Emergency Injunction for Binance US
The SEC has filed an emergency injunction to freeze assets of Binance US. It is also suing the company's co-defendants, including CZ who was personally sued on Monday. The lawsuit alleges that Coinbase operated as an unregistered securities exchange and broker. 10 state regulators have piled on top of this suit with their own staking program.
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