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First on CNBC: SEC Chair Gensler on Suing Coinbase and Binance 6/6/23

Squawk on the Street

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The SEC Sues in Finance

The head of finance at Binance is kind of a hard day. Do you think it's existential to the ecosystem? Absolutely. We should always remind people these are civil actions, not accompanied by any criminal action. The SEC sues civilly penalties, fines. But they made... Criminal accusations, but they've got to be accompanied then by the Department of Justice. Just... Absolutely.

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