The US Securities and Exchange Commission (SEC) on Tuesday sued the cryptocurrency platform Coinbase. A day earlier, the SEC accused the world's largest cryptocurrency exchange Binance of using a fraudulent network. Experts note that in case of successful completion of the trials, the cryptocurrency market is waiting for negative changes: the commission will approve its control over the industry, which has not been regulated in the securities sector for a long time. Previously, the SEC did not deal with such large crypto players, but now everything indicates that a decisive campaign has begun in the United States to include cryptocurrencies in the orbit of federal securities laws. After the lawsuit against Coinbase, this exchange lost about $1.28 billion due to the net outflow of customer funds. Shares of Coinbase Global Inc fell by $7.10 (or 2.1%) to $51.61 yesterday after having previously fallen by 20.9%. The SEC said that Coinbase has earned billions of dollars since at least 2019 by acting as an intermediary in transactions and failing to comply with disclosure requirements to protect investors. The tightening of control over crypto exchanges also affected the dynamics of the main cryptocurrencies. For example, Bitcoin first fell to $25 thousand after a lawsuit against Binance, but then managed to recover to $72 thousand. Experts suggest that legal proceedings will lead to the liquidation of some altcoins, which will force traders to return to bitcoins.
LINKS RÁPIDOS
ForexMart is authorized and regulated in various jurisdictions.
(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines
Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.
Contate-nos 
