Coinbase Loses Most of Motion to Dismiss SEC Lawsuit
A judge ruled that the SEC made a plausible argument that Coinbase is operating as an unregistered broker, exchange and clearinghouse.
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Mar 27, 2024 at 2:11 p.m. UTC
Mar 27, 2024
Coinbase, founded in 2012 by Brian Armstrong and Fred Ehrsam, is a widely recognized cryptocurrency exchange that offers a platform for buying, selling, and storing digital currencies. It's known for its strong emphasis on regulatory compliance and security, making it a popular choice among both novice and experienced crypto investors. Coinbase supports a variety of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, and provides additional services like a digital wallet and educational resources for users.