Gary

April

In the lawsuit the U.S. Securities and Exchange Commission (SEC) filed against <a target="_blank" href="https://tokeninsight.com/en/exchanges/coinbase">Coinbase</a>, the regulator claimed that Coinbase has operated as an unregistered national securities exchange, broker, and clearing agency "since at least 2019". However, Coinbase did its IPO in April 2021, and became the first crypto company in the U.S. to go public.Miles Deutscher, a crypto analyst, commented on Twitter, "so you're telling me that the SEC let an 'unregistered broker' IPO - after carrying out due diligence? Well done Gary (SEC Chair)."&nbsp;<a target="_blank" href="https://tokeninsight.com/en/cryptocurrencies">TokenInsight</a> is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email <a href="mailto:news@tokeninsight.com">news@tokeninsight.com</a>. Your trust will be well respected.

SEC Claims Coinbase Unregistered Since 2019, yet Allowed Its IPO in 2021

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