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Coinbase Global Inc. received a Wells notice from the SEC, signaling that the agency plans to sue on the grounds that the crypto exchange&#39;s tokens and other products, including aspects of its staking service Coinbase Earn and Coinbase Wallet, are securities that should be registered.As result, the shares of Coinbase fell almost 15-20% on Thursday morning after the firm revealed the SEC may take legal action over the crypto exchange’s product. On the other hand, The company hopes legal action would clarify the SEC&#39;s stance on crypto, which it claims is divided within the commission. The internal divisions have resulted in uneven enforcement.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/408519657cc64cafad6d3341391a2aa6.jpg" /><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/38bddcf911ff41fa9dd1d55e635a9fdf.jpg" />#KOMnews #kommunitas #coinbase #sec #lawsuit #stock #cryptoexchange #cryptotrading #cryptonews #cryptoupdate #dump

Coinbase Shares Fall After SEC Threatens Lawsuit

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