SEC Says Coinbase Is Running an Illegal Exchange

The video discusses the SEC's claims against Coinbase for acting as an unregistered broker dealer and listing unregistered securities. Coinbase disputes these claims, arguing that their listed tokens are not securities. The SEC's actions are part of a broader effort to regulate exchanges, including Finance, which faces different allegations. Coinbase, a US-based publicly listed company, plans to defend itself vigorously against the SEC's lawsuit.

What is the main accusation the SEC has made against Coinbase?

• Market manipulation

• Listing unregistered securities

• Tax evasion

• Money laundering

What did Coinbase attempt to acquire to comply with SEC regulations?

• A banking license

• A financial advisory firm

• A broker dealer license

• A trading platform

Which of the following is NOT an allegation made against Binance by the SEC?

• Corrupted trading volumes

• Reliance on related party transactions

• Unregistered securities

• Tax evasion

Where was the SEC's suit against Binance filed?

• California

• Texas

• New York

• Washington

What unique service offered by Coinbase is mentioned as a critical on-ramp for crypto engagement?

• NFT marketplace

• Crypto insurance

• Crypto loans

• Staking as a service