Professor Warns SEC That Its Move Against Coinbase Is a ‘Serious Mistake’

A former advisor to the United States Securities and Exchange Commission (SEC) has warned that the agency would be making a “serious mistake” if it proceeds with a probe into Coinbase and other major crypto exchanges.
As reported, the SEC is reportedly set to move ahead with an investigation into Coinbase over the listing of cryptoassets that it claims classify as unregistered securities….
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