Coinbase and Brian Armstrong hit with new lawsuit over illegal securities

Coinbase, a major player in the cryptocurrency exchange market, and its CEO, Brian Armstrong, are now facing a class-action lawsuit. The lawsuit alleges that Coinbase, contrary to its denials, has been engaging in the sale of securities without the necessary registrations, thus breaching various state securities laws. For over a decade, Coinbase has positioned itself […] source: https://www.cryptopolitan.com/coinbase-and-armstrong-hit-with-new-lawsuit/