Coinbase says SEC suit puts tech jobs at risk

(The Center Square) – The U.S. Securities and Exchange Commission sued Coinbase Inc. on Tuesday, the commission's second enforcement action in as many days.

The SEC alleged the company is operating its crypto asset trading platform as an unregistered national securities exchange, broker and clearing agency.

The commission also claimed Coinbase failed to register the offer and sale of its crypto asset staking-as-a-service program.

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