Coinbase faces a lawsuit from investors, who claim that the company conducted an unregistered sale of securities.
IN BRIEF Coinbase faces a lawsuit over alleged unregistered securities sales. Investors assert losses stemming from misleading statements made by Coinbase. The legal action adds to the regulatory hurdles confronting cryptocurrency exchanges. A legal battle has erupted against Coinbase, a prominent player in the cryptocurrency trading sphere. The crux of the matter revolves around allegations…