Former SEC Official Says Coinbase Is Committing ‘Criminal Offense’ in Its Defense Against SEC

A former high-ranking official at the U.S. Securities and Exchange Commission (SEC) says Coinbase can’t use their initial public offering (IPO) approval as any credible defense in regard to their recent legal issues. The SEC sued Coinbase last week, alleging the top US crypto exchange operated as an unregistered securities exchange, broker and clearing agency. Coinbase The post Former SEC Official Says Coinbase Is Committing ‘Criminal Offense’ in Its Defense Against SEC appeared first on The Daily Hodl .