SEC Files Lawsuit Against Coinbase Following Binance Lawsuit

Following its case against Binance, the largest cryptocurrency exchange in the world, and its founder Changpeng Zhao, the SEC has now filed a lawsuit against a major cryptocurrency exchange for the second time in two days. The SEC Chair Gary Gensler’s push to assert jurisdiction over the crypto industry, which he once more referred to as a “Wild West” that has undermined investor trust in the U.S. capital markets, is reflected in these two civil cases. “The entire plan of action is based on a rebelliousness with the U.S. protection regulations and we’re requesting that they come into consistency,” Gensler The post SEC Files Lawsuit Against Coinbase Following Binance Lawsuit appeared first on Cryptoknowmics-Crypto News and Media Platform .