The SEC’s complaint centers on the allegation that Coinbase (i) operates as a crypto exchange, broker, and clearing house, (ii) listed crypto assets that were and are securities, and (iii) failed to register as a securities exchange, broker and/or clearing house. Ultimately, the Coinbase suit, like portions of the litigation against Binance, will turn on whether the SEC can demonstrate that certain of the crypto assets traded on the exchange are, in fact, securities. Launches crypto fact check section blog Digital & Trend reports

Remember the Tom and Jerry cartoons where Tom pulls the blanket under Jerry’s feet and Jerry rolls over and falls on his head. A similar experience is often faced by crypto and NFT investors when they invest their hard-earned money into a new crypto/NFT project and the founders of the project run away with the funds which drop the price of their own token to zero. This type of scam is known as a Crypto rug pull. Transactions section Give your time and serve your community.