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Binance Withdraws Voyager Offer as Coinbase Sues the SEC

The Breakdown

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Coinbase Sues the SEC for Securities Violations

On March 23rd, we got information that the SEC was pursuing enforcement action over securities violations via a Wells notice. Most of the crypto industry basically saw it as a sign that the industry was no longer welcome in the United States. Among all market participants, Coinbase has strived the most to be the compliant US-based crypto exchange. If the SEC is even going after them, there's no one who's safe.

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