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Jose Rodrigo Safdiye

SHOCKING: Coinbase battles regulatory storm as sec crackdown intensifies | Mind Blowing Facts

Coinbase SEC Brian Armstrong Binance

In this photo illustration a Coinbase logo seen displayed on a smartphone screen and an Exchange graph on a MacBook screen. The month of June marked the beginning of a regulatory storm for Coinbase. (Nikolas Kokovlis/NurPhoto via Getty Images)

The month of June marked the beginning of a regulatory storm for Coinbase (NASDAQ: COIN). The SEC accused the company of operating as an unregistered broker, a charge that was part of a broader crackdown on cryptocurrency exchanges. Despite the significant fallout, which saw Binance (CRYPTO: BNB) experience a $300 million liquidation of crypto positions, Coinbase CEO Brian Armstrong defended the company’s operations, contrasting its case with Binance’s.

Supreme Court Victory Amid Share Liquidation

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