The SEC’s situationship with Binance and Coinbase keeps getting messier
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Welcome back to Chain Reaction.
It’s been quite a long week (and it’s not over yet).
Unless you live under a rock, you know that the U.S. Securities and Exchange Commission came out guns blazing on Monday and Tuesday, by suing the two largest crypto exchanges, Binance and Coinbase, respectively.
It’s important to note that the lawsuits were fairly different, although both exchanges faced securities laws violations. In the Binance suit, the exchange and its CEO Changpeng Zhao as well as two other parties are facing 13
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