The Securities and Exchange Commission issued crypto exchange Coinbase
a Wells notice, warning the company that it identified potential violations of U.S. securities law.
Coinbase shares fell nearly 12% in extended trading after the news broke on Wednesday, adding to an 8.16% drop during regular trading hours.
The feds claim Sun engaged in selling unregistered securities and market manipulation and lied about paying celebrities for crypto endorsements.
Binance Completes the Space ID Subscription Launchpad and Will Open Trading for ID
a Wells notice, warning the company that it identified potential violations of U.S. securities law.
Coinbase shares fell nearly 12% in extended trading after the news broke on Wednesday, adding to an 8.16% drop during regular trading hours.
The feds claim Sun engaged in selling unregistered securities and market manipulation and lied about paying celebrities for crypto endorsements.
Binance Completes the Space ID Subscription Launchpad and Will Open Trading for ID