https://www.sec.gov/news/press-release/2023-102
SEC Charges Coinbase for Operating as an Unregistered Securities Exchange, Broker, and Clearing Agency
Coinbase also charged for the unregistered offer and sale of securities in connection with its staking-as-a-service program.
SEC document: original
https://storage.courtlistener.com/recap/gov.uscourts.nysd.599908/gov.uscourts.nysd.599908.1.0.pdf
"In a lawsuit against Coinbase, the SEC called tokens securities: Solana (SOL), Cardano (ADA), Polygon (MATIC), Filcoin (FIL), Sandbox (SAND), Axie Infinity (AXS), Chiliz (CHZ), Flow (FLOW) , Internet Computer (ICP), NEAR Protocol (NEAR), Voyager VGX (VGX), Dash (DASH) and NEXO (NEXO)."
Read more on RBC:
https://www.rbc.ru/crypto/news/647f22e49a794729fc33eb8f
___
https://www.coindesk.com/policy/2023/06/06/coinbase-violated-state-securities-laws-with-staking-program-alabama-regulator-alleges/
"Coinbase has 28 days to explain to the Alabama Securities Commission (ASC) how it is not violating state securities laws with its staking program, the regulator said on Tuesday. The California Department of Financial Protection and Innovation (DFPI) has meanwhile filed for an order for Coinbase to "desist and refrain from the further offer and sale of securities in California," while Maryland ordered Coinbase to cease and desist the offering."
https://twitter.com/DeItaone/status/1666098055249268750
"TEN U.S. STATES, LED BY CALIFORNIA, ARE TAKING LEGAL ACTION AGAINST COINBASE FOR VIOLATING SECURITIES LAWS--ILLINOIS ATTORNEY GENERAL SAYS"
https://www.bloomberg.com/news/articles/2023-06-06/coinbase-coin-sec-crypto-charges-pose-threat-as-altcoins-deemed-securities#xj4y7vzkg
"Revenue at risk could be over 50%, Oppenheimer analyst says"
