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Source:https:\/\/techcrunch.com\/2022\/07\/26\/if-it-walks-like-a-dog-and-barks-like-a-dog-perhaps-its-actually-a-non-security-crypto-digital-asset\/<\/a><\/br>
\nIf it walks like a dog and barks like a dog, perhaps it\u2019s actually a digital asset security<\/br>
\n2023-01-20 22:25:17<\/br><\/p>\n

\n

Coinbase, the U.S.-based<\/span> cryptocurrency exchange that is the third-largest globally, is \u201cfacing a U.S. probe into whether it improperly let Americans trade digital assets that should have been registered as securities,\u201d according to a Bloomberg report<\/a>. The news follows a move by the U.S. Department of Justice last week<\/a> to arrest and charge a former Coinbase employee and two others with wire fraud and wire fraud conspiracy, alleging they had front-run listings on the crypto exchange.<\/p>\n

The U.S. Securities and Exchange Commission then separately filed securities charges against the ex-Coinbase employee for securities fraud based on its view that nine digital assets involved in the incident were securities, seven of which are listed on Coinbase, according to a blog post<\/a> from Coinbase\u2019s chief legal officer, Paul Grewal. Today\u2019s Bloomberg report confirms that the broader SEC investigation into whether Coinbase let Americans trade securities had already been underway before the agency filed charges against the ex-employee.<\/p>\n<\/p><\/div>\n

<\/br><\/br><\/br><\/p>\n

Tech, Technology<\/br>
\n<\/br>
\nSource:
https:\/\/techcrunch.com\/2022\/07\/26\/if-it-walks-like-a-dog-and-barks-like-a-dog-perhaps-its-actually-a-non-security-crypto-digital-asset\/<\/a><\/br><\/br><\/p>\n","protected":false},"excerpt":{"rendered":"

Source:https:\/\/techcrunch.com\/2022\/07\/26\/if-it-walks-like-a-dog-and-barks-like-a-dog-perhaps-its-actually-a-non-security-crypto-digital-asset\/ If it walks like a dog and barks like a dog, perhaps it\u2019s actually a digital asset security 2023-01-20 22:25:17 Coinbase, the U.S.-based cryptocurrency exchange that is the third-largest globally, is \u201cfacing a U.S. probe into whether it improperly let Americans trade digital assets that should have been registered as securities,\u201d according to a […]<\/p>\n","protected":false},"author":1,"featured_media":15908,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[17,8],"tags":[],"class_list":["post-15907","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech","category-technology"],"yoast_head":"\nIf it walks like a dog and barks like a dog, perhaps it\u2019s actually a digital asset security - 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