SEC lawsuits against Binance and Coinbase unify the crypto industry By Cointelegraph

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© Reuters

Update (June 7, 12:05 PM UTC): This article has been updated to add comments from BitMEX CEO Stephan Lutz

Professionals across the crypto sector have responded to the United States Securities and Exchange Commission’s (SEC) recent actions against two of the biggest crypto exchanges, Binance and Coinbase (NASDAQ:).

Crypto ownership data from 2020 to 2023 and projection for 2024. Source: Insider Intelligence