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US SEC Threatens to Sue Crypto Exchange Coinbase, CEO Brian Armstrong Responds

The U.S. Securities and Exchange Commission (SEC) has threatened to sue the Nasdaq-listed cryptocurrency exchange Coinbase over its lending product. The exchange says, “We don’t know why … We got…

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SEC threatens to sue Coinbase over crypto yield program it considers a security

"They refuse to tell us why they think it's a security, and instead subpoena a bunch of records from us,” said Brian Armstrong after he revealed that the SEC threatened…

Continue ReadingSEC threatens to sue Coinbase over crypto yield program it considers a security