Coinbase Faces Lawsuit: Are Solana (SOL), NEAR (NEAR), Stellar (XLM) Considered Securities?
Release: 2024/05/05 18:45 Reading: 749
Before you reading,Don't miss coins like PEPE again! Click here to find new PEPEs!
US-based cryptocurrency exchange Coinbase is facing a new class-action lawsuit in the Northern District of California. The lawsuit alleges that Coinbase has sold securities and investments without proper registration, violating state security laws. The list of tokens considered as digital securities includes Algordand (ALGO), Near Protocol (NEAR), Polygon (MATIC), Uniswap (UNI), Solana (SOL), among others.
Coinbase, a leading US-based cryptocurrency exchange, is facing a class-action lawsuit for allegedly violating state security laws by selling unregistered securities. This development could have significant implications for the crypto industry.
Coinbase Hit with Class-Action Lawsuit
Filed in the Northern District of California, the lawsuit accuses Coinbase of “knowingly” and “intentionally” operating as an unregistered broker-dealer. The plaintiffs allege that the exchange has been soliciting purchases and sales of digital assets through various means, including website promotions, social media advertising, traditional advertising, and even Super Bowl commercials.
Unregistered Securities at the Heart of the Dispute
The lawsuit specifically points to a list of tokens that it considers as digital securities, including Algordand (ALGO), Near Protocol (NEAR), Polygon (MATIC), Uniswap (UNI), and Solana (SOL). The plaintiffs argue... Read the full article for FREE at COINOTAG!
Recent news
More>- 60.9 Billion Dogecoin (DOGE) in 24 Hours, What's Happening? 11-27
- Historic Milestones: Bitcoin approaching $100,000 and Pepe Unchained secures over $52 million in presale 11-27
- UK’s financial regulator to implement final crypto rules by 2026 11-27
- Dogecoin’s Dogebox Will Revolutionize Everyday Transactions in 2025 11-27
- From Dogecoin to Dogen: The 10,000% Rally Everyone Is Talking About! 11-27
- Bets.io – one of the most wonderful and safe online crypto-casinos 11-27
- This week’s crypto opportunities: Buy signals for XRP, LINK, and XYZ 11-26
- Trump’s Pet Pepe (TRUMPEPE) Solana Memecoin Will Rally 18,000% Before Exchange Listings, As Shiba Inu and DOGE Lag 11-26
- Analyst Predicts This Layer-2 Meme Coin Could Surge 150X at Launch 11-26
Selected Topics
More>>-
- pepecoin Price Analysis
- This topic provides articles related to PepeCoin price, covering key PepeCoin insights and analysis
-
- pepe:meme star
- This topic provides articles related to the most promising meme, PEPECOIN, a project with the potential to become a mainstream digital currency. It has the advantages of decentralization, reliability, ease of use, fast speed, low cost and scalability, and is expected to be more widely used in the future
-
- pepecoin price prediction
- We’ve gathered facts about pepecoin’s success story and provided a pepecoin price prediction
Selected Articles
More>>- 1 Avalanche and Aptos rival raises over $600k in 2 weeks
- 2 Crypto Prices Today: Market Continues Rally With BTC, Pepe Coin, SEI Rising
- 3 Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out
- 4 MTAUR Ready to Crush DOGE and PEPE: 100x Price Growth Incoming?
- 5 Memecoins Surge in 2024, Popcat Leads with 7,621% YTD Gain, Outshining Top Crypto Tokens
- 6 PEPE Meme Coin Smashes ATH – See How Much an $83 Investment in Pepe Coin Last Year is Worth Now
- 7 Top 4 Altcoins At 70% Discounts – Last Chance!
- 8 Dogecoin Creator Proposes DOGE to NBA Legend Scottie Pippen
- 9 Top Analyst Who Predicted Dogecoin (DOGE) Last 170x Rally Forecasts New Parabolic Rise, Here’s His Price Target
- 10 New Solana Memecoin Trump Loves Elon to Rally 15,000% Before Exchange Listing, SHIB and Bonk Crash
ABOUT US
We are building the most influential，trusted information platform for aglobal community engaged in thd transformation of the financial system andthe emerging crypto economy.PEPE is an integrated platform for media,events,data & indices for the next generation fo investing and the future of money.
Get in touch with the PEPE team at admin@pepecoinbuy.com