SEC Sues US-Based Crypto Exchange Coinbase

10:10pm, Tuesday, 06'th Jun 2023
The US Securities and Exchange Commission (SEC) filed a lawsuit against US-based cryptocurrency exchange Coinbase today.
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Russell Takes Small-Caps +2.7% on the Day

07:16pm, Tuesday, 06'th Jun 2023
Apparently, what's potentially bad for the crypto market can be a boon for equities -- especially of the small-cap variety.
Mike Khouw, Optimize Advisors president, joins CNBC's Melissa Lee and the Options Action traders to talk Coinbase trades after the SEC sues Binance.
The SEC is suing Coinbase over alleged securities law violations. Boeing shares fall after new issues with the 787 Dreamliner raise concerns that deliveries could be slowed.
Markets rose modestly on Tuesday, June 6, 2023, as semiconductor and regional bank stocks gained.
The SEC is suing Coinbase Inc., accusing the cryptocurrency exchange of never registering with the regulator and for operating as an unregistered broker.

These 2 Nasdaq Stocks Are Plunging. Here's Why

02:48pm, Tuesday, 06'th Jun 2023
The Nasdaq moved higher on Tuesday afternoon. NovoCure shares fell despite favorable data from a phase 3 clinical trial.
Shares of Coinbase Global Inc. tumbled again Tuesday, amid worries that the fallout from regulatory actions could be a lot worse than previously feared.
Bitcoin is trading lower after the Securities and Exchange Commission sued both Binance and Coinbase. Yahoo Finance market reporter Jared Blikre breaks down the market reaction.
The Securities and Exchange Commission widened its sweeping crackdown on crypto by accusing Coinbase Global Inc. of running an illegal exchange, a move that could make it harder for the industry t
A wide-ranging regulatory complaint goes well beyond what constitutes a security.
US securities regulators sued Coinbase on Tuesday, alleging that the cryptocurrency platform's failure to register as a securities exchange venue exposed investors to risk.
The SEC said Coinbase has since at least 2019 made billions of dollars by operating as a middleman on crypto transactions, while evading disclosure requirements meant to protect investors.
Markets were little changed at midday on Tuesday, June 6, 2023, as banking gains were offset by declines in health care and consumer staples stocks, and Coinbase shares tumbled following SEC charges.
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