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The TRUTH about the SEC Crypto CrackdownCoinbase and Binance are operating illegally under U.S. securities laws, according to the SEC. Why investors don't appear worried. On June 6, the U.S. SEC sued Coinbase based on allegations that the exchange operated the trading platform as an unregistered financial. The SEC last week sued Binance and Coinbase, two of the world's largest crypto exchanges, for allegedly breaking its rules. The SEC's actions.
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